Regular bail for section 34 406 408 420

Case summary - 7 persons ( 4 arrested 3 missing) are accused by their employer company (recruitment company) u/s 34 406 408 420 for a fraud of 60 lakhs rupees.. incident dated back in august 2017 but fir was registered in may 2018.. Person of my reference was working in the company since 2 years and left the company in february 2018. Once he got to know about the FIR he surrender to the police. There was no amount being transferred from the company accounts to his account while other co-accused had amounts being transferred into their account. Person of my reference has been accused by the company of doing a fraud of 2.50 lakhs by way of regular withdrawal from company's ATM card and uploading forged documents and parking fake salary expenses and parking amount in other's account. After Police custody of 12 days and 2 days of Judicial custory, his bail was regected by Metropolitian court . Now it's been 8 days since he is in Judicial custody and his family has applied for bail in sessions court. What are the chances of getting bail also any valid points that could be made in order to obtain bail ?