2. The case of the prosecution is that the accused was the Manager of the Gati Transport (Cargo Services) Ltd., for four years prior to 2003. His duty was to receive the consignments and deliver the same to the customers and PWs.1 and 2 are the delivery boys assisting him. The accused was in financial troubles and he wanted to take away the valuables from the godown and set the godown to fire but his plan did not succeed earlier. On 13.10.2003 the accused is alleged to have shifted the valuable goods worth of Rs.16,30,000/- and placed in the house of PW.10. On the intervening night of 13/14-10-2003 set fire to the godown to give it a colour of accidental fire and went away to his house. After information, he came to the scene and on the next day gave a complaint to the police about the loss. On 13.11.2003 PW.5 along with other employees coming to know about the suspicious incident gave complaint to the police and it was registered under Sections 406, 407, 417 and 421 IPC and investigation was taken up. During the course of investigation, the accused was arrested and took to the house of PW.10 and produced the property kept in the house of PW.10. Consequently, charge sheet was filed against the accused and charges under Sections 406, 407, 417 and 421 IPC were framed, read over and explained to him, for which, he pleaded not guilty.