Learned counsel for the applicant submitted that applicant is innocent and has falsely been implicated in the present case. The alleged bike was delivered to the informant, thereafter, notice for loan amount was sent to informant and then he lodged the instant F.I.R. The applicant is not the loan sanctioning authority. Further submission is that similarly situated co-accused, namely, Sandeep Kumar and Lokesh Chauhan have been granted bail by Co-ordinate Bench of this Court vide orders dated 20.12.2022 and 15.12.2022, passed in Crl. Misc. Bail Application Nos. 54917 of 2022 and 53308 of 2022, respectively, hence he is also entitled to be enlarged on bail on the ground of parity. The applicant has no criminal history. Moreover, there is no prospect of trial of the present case being concluded in near future. The applicant is languishing in jail since 17.10.2022 and in case he is enlarged on bail he will not misuse the liberty of bail and co-operate in trial.