In the 19-page order rejecting his bail plea, Additional Sessions Judge RB Rote noted that there had been no substantial change in circumstances since rejection of anticipatory bail.
Relying upon the Supreme Court order, the judge deduced that “custodial interrogation of the applicant is necessary for proper and effective investigation of the case”.
The reasons were as follows:
Two accused in the case are still absconding;
There is possibility of economic dealing/exchange of money;
11 criminal cases are shown to be registered against the applicant including offence against public servants;
If the applicant is granted bail, the investigation will be hampered; and
Rane’s application for regular bail was premature as there was no accompanying written application for surrender.
In view of these reasons, his bail plea was rejected.
Source: Barandbench
