I know what your trying to say, but if you actually run the numbers on the 17HMR you will be surprised.
If you fired a 17HMR up in the air at a 45* angle, It would indeed go a long ways - but by the time it hit that theoretical 2 mile radius, but would be falling at an insignificant velocity. Just how slow is very difficult to tell, because at about 2000 yards (1.3 miles) it becomes so slow that none of the ballistic calculators can compute numbers for it (under 200fps). My guess is that if you managed to loft a 17HMR bullet out to 2 miles, it would be falling at LESS than 150fps, and have less than half the energy of a Daisy Red Ryder.
I tried to 'stack' the calculator outputs by going back and lowering the input velocity to the previous output velocity, but at around 2,000 yards the amount of drop becomes so huge it exceeds the amount of space allotted. SO huge, the programs still cant track it even if you set the zero range at 1,000 yards to negate some of the drop.
If you decreased the angle of incline to something more realistic, say 18* - 20*, the bullet would still travel nearly about 1.5 miles, but would still impact with less than 4 foot pounds of energy, which is about equivalent to that Daisy Red Ryder.
Yes, someone could get their eye put out if they happened to be looking up in the air at the exact angle in the exact place at the exact time the bullet landed. Or you may shatter a window... But simply knowing what is around you and down range of your target would negate that very very low risk.
Despite their velocity, the 17HMR bullets are just too light weight and have ballistic coefficient too low to carry any real energy. Combine that with their fragile construction and I just don't see that there is any significant risk to using a 17HMR as a 'rook rifle'.
That's why my 'ideal rook rifle' would be a Browning T-bolt in 17HMR, with some good iron sights custom fitted. The fielded rifle would still be under 5 lbs without the need for a scope, and have good capacity.