BANK OF INDIA vs YETURI MAREDI SHANKER RAO & ANR.

The Supreme Court held that the acquittal of the respondent-accused under Section 467 read with Section 109 IPC was unjustified, as he presented forged withdrawal forms at the bank and pocketed the money. Despite the lack of evidence on who forged the signatures, the court inferred that the accused must have known the signatures were forged, given his familiarity with the account holder's signature. Consequently, the court convicted the respondent under Sections 467 and 471 IPC, emphasizing that he caused wrongful gain to himself and loss to the account holder.