← Library
High Court for State of TelanganaCRLP/5244/2026allowed no costs

Vamshi Priya Alias Kicha Vamshi Priya v. The State Of Telangana

2026-04-21K. Sujana6 pages

IN THE HIGH COURT FOR THE STATE OF TELANGANA AT

HYDERABAD THE HONOURABLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.5244 of 2026 DATE: 21.04.2026 Between:

Vamshi Priya @ Kicha Vamshi Priya ..Petitioner/Accused No.5 And The State of Telangana, Rep by its Public Prosecutor, High Court at Hyderabad, Through its P.S Nagole, Malkajgiri District.

..... Respondent/Complainant

ORDER

This Criminal Petition is filed under Section 482 of Bharatiya Nagarik Suraksha Sanhita, 2023 (for short 'BNSS') for grant of prearrest bail to the petitioner, who is arrayed as accused No.5 in COR No.829 of 2025 of Nagole Police Station, Rachakonda Commissionerate, initially registered for the offences punishable under Sections 316(2) and 318(4) of the BNS. Later, Section 5 of the Depositors act was added.

2.

The case of the prosecution is that, on 02.12.2025, the defacto complainant lodged a report before the police stating that Complainant first met Karri Veera Venkata Durga Vara Prasad at an event conducted by Sridhar in Nagole. He introduced himself as a financial advisor and explained an investment opportunity in VR Trading, claiming that the company would provide a guaranteed monthly return of 10%. Although we were initially not interested, he continued to follow up with us daily and strongly persuaded us to attend the company's commercial launch at SVM Grand Hotel, Nagole. At the event, they met Kicha Veerabadra Rao, the CEO of VR Trading, who spoke about the company's achievements. Following this, they continued to receive frequent calls from their team.

Eventually, they visited their office, where they convinced us-through various assurances and promises-to invest an initial amount of Rs.2,00,000. Subsequently, the Operations Manager, Karri Veera Venkata Durga Vara Prasad, repeatedly pressured them to invest additional amounts, stating that once our investment reached 1 crore, the CEO would manage our account personally. As he allegedly did for other investors, based on these repeated claims and assurances, they were induced to invest a total of Rs.78,50,000/- to date. His transactions include Rs.56,43,000/- in online transactions and Rs.22,07,000/- in cash transactions, among these he received Rs.51,80,000/- returned as profit.

partners and the allegations against the petitioner herein is that she along with other accused induced several victims and they failed to give the returns. Hence, she requested for necessary action. Basing on the said complainant, the police registered a case for the above said offences.

3.

Heard Sri M. Prudhvi Raju, learned counsel appearing on behalf of the petitioner as well as Sri M. Ramachandra Reddy, learned Additional Public Prosecutor for respondent -State. 4.

Learned counsel for the petitioner submitted that the petitioner is a part of the business and she is having a small infant baby aged about 14 months and she is a feeding mother and if she is arrested, it will cause inconvenience to small baby. Therefore, he prayed the Court to grant pre-arrest bail to the petitioner by allowing this criminal petition on the same ground. 5.

On the other hand, learned Additional Public Prosecutor informed the Court that they have verified with the condition of the petitioner and the petitioner is having 14 months baby, as such, he prayed the Court to decide the Criminal Petition on merits. 6.

In the light of the submissions made by both the learned counsel and on a perusal of the material available on record and

without going into the facts of the case and considering the inconvenience of the petitioner herein that she is having 14 months baby, this Court deems it fit to grant pre-arrest bail to the petitioner, subject to the following conditions: i.

The petitioner shall surrender before the Station House Officer, Nagole Police Station, Rachakonda Commissionerate, within two weeks from today, and on such surrender, the said Station House Officer shall release her on bail on executing a personal bond for Rs.25,000/-, with two sureties, for the like sum each.

ii.

The petitioner shall abide by the other conditions stipulated in Section 482(2) of Bharatiya Nagarik Suraksha Sanhita, and co-operate with the Investigating Officer in investigating the case.

iii.

The petitioner shall appear before the concerned Investigating Officer on every Monday between 09:00 a.m, and 05:00 p.m., for a period of 8 weeks or till the filing of the charge sheet, whichever is

earlier, and thereafter, as and when required.

7.

Accordingly, this Criminal Petition is allowed. Miscellaneous applications, if any pending, shall stand closed.

_______________ K. SUJANA, J Date: 21.04.2026 TU

THE HONOURABLE SMT JUSTICE K. SUJANA CRIMINAL PETITION No.5244 of 2026 Date: 21.04.2026 TU