Justice R.L. Anand observed: "After hearing the counsel, I am of the considered view that the petitioner does not deserve the concession of anticipatory bail. A copy of the order be sent to the Senior Superintendent of Police to consider the desirability of handling over the investigation to the CBI."

Mader was booked in December last year by the Chandigarh Police for cheating, breach of trust, forgery and criminal conspiracy, on Iqbal Singh Gill's complaint. Gill, in his complaint, alleged that a demand draft of 2,50,00,000 handed over by Mader in lieu of the "antiques" was returned with an objection stating "it was never issued by the issuing branch".