(1.) The present petition has been filed by the petitioneraccused No.5 under Section 438 of Cr.P.C. to release him on bail in the event of his arrest in Crime No.168/2020 of Periyapatna Police Station for the offences punishable under Sections 406, 408, 409 and 420 of Indian Penal Code.
(2.) I have heard the learned counsel Sri.Punith C. on behalf of Siddamallapa P.M. for the petitioner-accused virtually and the learned High Court Government Pleader Sri.R.D.Renukaradhya for the respondent-State.
(3.) The gist of the complaint is that petitioner-accused was working as a Chief Executive Officer of Taluka Panchayath and VSSN Society, Komalapura. During the course of Audit, it is noticed that there is a misappropriation in the Komalapura Gram Panchayat to the tune of Rs.1,94,72,311 under the M.G.N.R.E.G. Sponsor Scheme, and on the basis of the complaint, a case has been filed.