Bhukya Venkanna v. The State Of Telangana

THE HONOURABLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.2619 of 2025 ORDER:

Seeking the Court to enlarge the petitioner/accused Nos.3 to 7 in Crime No.7084 of 2024 of Cyber Crime Police Station, Cyberabad, on bail, the present Criminal Petition is filed.

2.

The brief facts of the case are that though the de-facto complainant paid the amounts under the guise of gaining profits by way of returns, the accused persons deceived the de-facto complainant by not paying the promised return amounts. Hence, a case was registered vide Crime No.7084 of 2024 before the Cyber Crime Police, Cyberabad, for the offences punishable under Sections 318(4), 111(2)(b), 111(7) of the BNS and Section 66-D of the ITA.

3.

Heard Sri V.Yadu Krishna Sainath, learned counsel appearing on behalf of the petitioners as well as Sri Syed YasarMamoon, learned Additional Public Prosecutor appearing on behalf of the respondent-State.

4.

Learned counsel for the petitioners firstly submitted that the petitioners areinnocent and they are is no way

concerned with the alleged offences. He secondly submitted that though there is no corroborative evidence, the petitioners were implicated in the case with false and fabricated allegations. He thirdly submitted that the petitioners have no criminal antecedents and they are the sole breadwinner of their families. He fourthly submitted that all the material witnesses were examined, and further detention of the petitioners is unnecessary. He fifthly submitted that accused No.3 and accused Nos.4 to 7 have been in judicial custody since 29.01.2025 and 28.01.2025, respectively, causing undue hardship to their families. He lastly submitted that the petitioners are residents of Warangal District, with movable and immovable properties, andare willing to furnish sureties as directed and prayed the Court to grant bail to the petitioners by allowing this criminal petition. 5.

On the other hand, learned Additional Public Prosecutor opposed the submissions made by the learned counsel for the petitioners stating thathuge financial fraud is involved in this case and also the investigation is not completed, therefore, granting bail to the petitioners, at this stage, does not arise. Hence, he prayed the Court to dismiss the criminal petition.

6.

After considering submissions from both the parties and reviewing the record, it is apparent thatthe only allegation against the petitioners/accused Nos.3 to 7 is that they shared the bank account details to accused Nos.1 and 2 for commission of the alleged financial fraud. Hence, since accused No.3 and accused Nos.4 to 7 are languishing in jail from 29.01.2025 and 28.01.2025, respectively, and also material part of investigation is completed, this Court deems it fit to grant bail to the petitioners/accused Nos. 3 to 7 subject to the following conditions:

i.

The petitioners shall execute a personal bond for a sum of Rs.25,000/-(Rupees Twenty Five Thousand only) each, with two sureties for a like sum each to the satisfaction of the VIII Additional District and Sessions Judge, Ranga Reddy District at L.B.Nagar.

ii.

The petitioners shall appear before the concerned SHO at 11:00 a.m., on every Monday for a period of eight (8) week or till filing of charge sheet whichever is earlier, for the purpose of investigation, and thereafter, as and when required.

iii.

The petitioners shall abide by the conditions stipulated in Section 437(3) of Cr.P.C.(presently, Section 480(3) of the BNSS).

7.

Accordingly, the Criminal petition is allowed. Miscellaneous applications, if any pending, shall stand closed.

_______________ K. SUJANA, J Date: 04.03.2025 gms

THE HONOURABLE SMT JUSTICE K. SUJANA CRIMINAL PETITION No.2619 of 2025 Date: 04.03.2025 gms