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HomeShikhar Khurana vs State Of U.P. on 5 March, 2026

Shikhar Khurana vs State Of U.P. on 5 March, 2026

1. Heard Sri Vimlendu Tripathi, learned counsel for the applicant, Sri Anurag Pandey, learned A.G.A. for the State and perused the record.

2. The instant bail application has been filed with a prayer to release the applicant on bail in Case Crime No. 07 of 2026, under Sections- 303(2), 318(4), 338, 317(2) and 336 of B.N.S., Police Station- Sector-20 Noida, District- Gautam Buddh Nagar, during the pendency of the trial.

3. Contention of learned counsel for the applicant is that the first informant had given Rs. 10 lakhs to the applicant for investment in Forex coin. However, due to certain reasons, the said amount of the first informant could not be invested by the applicant. The applicant also offered to return that amount to the first informant, while the first informant was pressurizing the applicant to return the said amount along with profit, and on refusal of the same by the applicant, the FIR was lodged. It is further submitted that Rs. 4.6 lakhs was also recovered by the police from the applicant and the remaining amount of Rs. 5.4 lakhs has been deposited by the applicant in the account of the first informant in pursuance of the order of this Court dated 13.02.2026, and the first informant also signed the compromise agreement with the applicant mentioning therein that he had received the entire amount from the applicant and that he has no grievance against the present applicant, and a copy of the receipt as well as compromise agreement has been annexed as Annexure S.A.-1 and S.A.-2 to the supplementary affidavit, dated 26.02.2026. It is further submitted that the applicant has explained the criminal history of one case. It is further submitted that charge sheet has been filed in the present case, therefore, there is no requirement of custodial interrogation. The applicant is a law abiding citizen and he is languishing in jail since 08.01.2026. In case, he is granted bail, he will not misuse the liberty of bail and would cooperate in the trial proceedings.



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