Release of property

17. Release of property (1) Where any property is attached under Section 16, the claimant thereof may within three months from the date of knowledge of such attachment make a representation to the District Magistrate showing the circumstances in and the sources by which such property was acquired by him. (2) If the District Magistrate is satisfied about the genuineness of the claim made under sub-section (1) he shall forthwith release the property so attached and thereupon such property shall be made over to the claimant on executing personal bond by him.