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Issues: Whether the High Court was justified in quashing the FIR and criminal proceedings under Section 482 of the Code of Criminal Procedure, 1973 while the investigation was still incomplete.
Analysis: The recovery of a large amount of cash from the house of one accused and the explanation offered for its source were matters that required investigation and could not be conclusively assessed at the quashing stage. The High Court entered into the merits prematurely, although the investigation had not reached its logical conclusion. At that stage, the allegations and surrounding circumstances disclosed sufficient material to permit the investigation to continue.
Conclusion: The quashing order was unsustainable and interference by the High Court was unjustified. The FIR and investigation were restored.