Bal Krishna Mahto @ Bal Krishna Kumar v. State of Jharkhand
Case brief
What is this about?
Jharkhand High Court, Ranchi; B.A. No. 11217 of 2025 (neutral citation 2026:JHHC:4652); Rajesh Kumar, J.; decided 18.02.2026. Regular bail application of Bal Krishna Mahto @ Bal Krishna Kumar REJECTED. Applicant, an alleged employee claiming victim status in a deposit-scheme/fraud case (fraud attributed by counsel to the company's Director), in custody since 28.08.2025; underlying case Barkagaon P.S. Case No. 198 of 2025 pending before J.M.-1st Class, Hazaribag; charges under BNS Sections 316(2), 318(4), 338, 336(3), 340(2), 352, 351(2), 3(5) and Banning of Unregulated Deposit Scheme Act Sections 21, 22, 23. Denial grounds: investigation yielded material against the applicant; crime of a nature committed in a well-organised manner. Applicant-side counsel: Santosh Kr. Soni, Adv.; State side: Bishambhar Shastri, A.P.P. No precedents cited; no monetary quantum stated.
What did the court decide?
From perusal of the records, it appears that during the investigation material has come against this applicant also.