The submission of learned counsel for the applicant is that the applicant has been falsely implicated in the present case due to ulterior motive. It is further submitted that the applicant is an employee of Indian Railways and the allegations levelled against him are vague and frivolous. No such credible evidence has been shown by the informant to establish the applicant's involvement in any kind of alleged illegal activities. Learned counsel further submits that the applicant is a Government Servant and he gave Rs. 5 Lakh to the informant on his assurance of returning it within specified time, however, Rs. 2,38,500/- is still due with the informant and to evade the payment, he has falsely implicated the applicant in the present case. The applicant has properly explained the history of one criminal case in paragraph-19 of the affidavit. Several other submissions in order to demonstrate the falsity of the allegations made against the applicant have also been placed forth before the Court. The circumstances which, according to the counsel, led to the false implication of the accused have also been touched upon at length. It has been assured on behalf of the applicant that he is ready to cooperate with the process of law and shall faithfully make himself available before the court whenever required. The applicant is languishing in jail since 23.6.2021. He undertakes that he will not misuse the liberty, if granted, therefore, he may be released on bail.