Thippeneni Sai Kiran v. The State Of Telangana
THE HONOURABLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.10694 of 2025 ORAL ORDER:
Seeking the Court to enlarge the petitioner who is arrayed as accused No.3 in Crime No.29 of 2020 of EOW CID Police Station, Hyderabad, on bail, the present Criminal Petition is filed.
2.
The brief facts of the case are that Sri Korra Rajesh, received information through a friend about jobs in Mudra Agriculture & Skill Development Multi-State Co-Operative Society Limited. He went to the central office at Nallakunta, Hyderabad, where the Chairman, Sri Thippeneni Ramadasappa Naidu, demanded a deposit of Rs.1,00,000/- for providing a job. Rajesh deposited the amount and received an appointment order in June 2017, with an assurance of a monthly salary of Rs.20,000/- and a promise that the society would be converted into a bank after two years. In November 2017, he joined as a cashier at Kandukur Mandal, Rangareddy District. Initially, he was paid Rs.4,000/- per month and later Rs.8,000/-. The employees were given targets to collect deposits from farmers
and, on failure, the Chairman reduced their salaries and harassed them physically and mentally. The society misled farmers by displaying flexes showing links with the Pradhan Mantri Mudra Yojana and later floated another scheme named KCR Sahakara Runa Bhavanam, projecting it as a Government society. On 31.01.2020, Rajesh resigned and requested return of his deposit of Rs.90,000/- and his original certificates, but instead the Chairman threatened him to pay Rs.10,00,000/- or face false criminal cases. Several other employees who resigned also demanded return of their deposits and certificates, but the Chairman threatened them by publishing defamatory articles in his newspaper Margadarshi, alleging their connections with anti-social elements.
3.
Heard Sri N. Venkataiah, learned counsel appearing on behalf of the petitioner as well as Sri D. Arun Kumar, learned Additional Public Prosecutor appearing on behalf of the respondent - State.
4.
Learned counsel for the petitioner submitted that the petitioner is arrayed as accused No.3 and is the son of accused No.1, and that he has no connection with the alleged offence. He further submitted that the petitioner is also a member of the
society and has been in jail since 29.07.2025. As the material part of the investigation has been completed, he prayed the Court to grant bail to the petitioner by allowing this criminal petition.
5.
On the other hand, learned Additional Public Prosecutor opposed the bail, stating that the total amount involved in this case is Rs.140 crores. The petitioner, along with the other accused, cheated innocent victims under the guise of a Central Government scheme and collected huge amounts. Further, there are serious allegations against the petitioner. Therefore, he prayed that the Court dismiss the criminal petition. 6.
In the light of the submissions made by both the learned counsel and on a perusal of the material available on record, the allegation against the petitioner is that, being the son of accused No.1, he was involved in the case and also cheated innocent victims. As seen from the record, the petitioner has been in jail since 29.07.2025, and the crime is of the year 2020. Further, the material part of the investigation has been completed and 227 witnesses have already been examined. Considering the facts and circumstances of the case, as well as the period of
incarceration of the petitioner, this Court deems it fit to grant bail to the petitioner, subject to the following conditions: i.
The petitioner shall execute a personal bond for a sum of Rs.50,000/- (Rupees Fifty Thousand only), with two sureties for a like sum each to the satisfaction of the learned VI Additional Chief Judicial Magistrate, Hyderabad.
ii.
The petitioner 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 petitioner 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: 03.09.2025 SAI
THE HONOURABLE SMT JUSTICE K. SUJANA CRIMINAL PETITION No.10694 of 2025 Date: 03.09.2025 sai