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6. Learned counsel for the complainant has also vehemently opposed the submissions made by counsel for the petitioners. It is contended that the petitioners in connivance with the co-accused duped the complainant company with an amount about Rs.37 lacs plus GST. He, thus, prays for dismissal of the present petitions.

7. Heard learned counsel for the parties and perused the record. A perusal of the FIR reveals that there are specific and serious allegations of cheating and fraud against the petitioners. The petitioners alongwith the co- accused after hatching conspiracy, committed theft of one truck loaded with chemical Linear Alkyl Benzene Sulphonic Acid (LABSA) amounting to Rs.40 lacs approximately. The material collected during investigation prima facie indicates the involvement of the petitioners in connivance with co- accused in executing the alleged modus operandi of manipulating the movement of trucks by using identical number plates to conceal the illegal removal of goods. The role attributed to the petitioners cannot be said to be insignificant at this stage, rather the same appears to be integral to the commission of the alleged offence. Moreover, the investigation is still at a crucial stage and custodial interrogation of the petitioners is stated to be necessary for recovery of the misappropriated amount and to unearth the complete conspiracy.