Sri. Venkat Krishna, v. State Of Telangana,
IN THE HIGH COURT FOR THE STATE OF TELANGANA AT
HYDERABAD THE HONOURABLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.16119 of 2025 DATE: 09.12.2025 Between:
Sri Venkat Krishna .... Petitioner/Accused No.1 AND The State of Telangana, Rep. by Station House Officer, P.S. Chilkalguda, Hyderabad.
.... Respondent/Complainant
O R D E R
This Criminal Petition is filed before this Court for grant of bail to the Petitioner who is arrayed as accused No.1 in Crime No.427 of 2025 of Chilkalguda Police Station, Hyderabad, registered for the offences punishable under Section 61(2), 111, 316(5), 318(4), 336(3) and 338 read with 3(5) of the Bharatiya Nyaya Sanhita (for short 'BNS').
2.
The brief facts of the case are that on 20.08.2025, the defacto complainant lodged a report with the police stating that the petitioner had availed a personal loan from the State Bank
of India by producing fabricated salary account statements, pay slips, and other employment‐related documents. During an internal audit, it was discovered that these documents were forged and that the loans had been obtained without proper eligibility.
Subsequent internal investigations and staff accountability examinations confirmed the irregularities, thereby causing wrongful loss to the State Bank of India. Based on this complaint, the police registered a case against Accused Nos. 1 to 12 for the aforementioned offences. 3.
Heard Sri Botla Venkateswara Rao, learned counsel appearing on behalf of the petitioner as well as Sri Arun Kumar Doddla, learned Additional Public Prosecutor for respondent. 4.
Learned counsel for the petitioner submitted that the petitioner is innocent of the allegations made against him and was falsely implicated in the present case without any substantive role in the alleged offence. He further submitted that the petitioner has been in judicial custody since 13.09.2025, and no further investigation is pending against him. Therefore, he prayed the Court to grant regular bail to him by allowing this criminal petition.
5.
On the other hand, the learned Additional Public Prosecutor opposed the submissions made by the learned counsel for the petitioner, contending that the allegations against the petitioner are grave in nature and that the investigation with respect to the remaining accused is still pending, and since the overall investigation is not yet complete, he prayed the Court to dismiss the criminal petition. 6.
Considering the submissions made by both the learned counsel and upon perusal of the material available on record, it is observed that the petitioner has been in judicial custody since 13.09.2025. As seen from the record, the prosecution witnesses LWs.1 to 11 were already examined. Taking into account the duration of incarceration and the fact that the investigation, insofar as it pertains to the petitioner, is complete, this Court finds it appropriate to grant bail to the petitioner/Accused No.1, subject to the following conditions:
i.
The petitioner/accused No.1 shall execute a personal bond for a sum of Rs.25,000/- (Rupees Twenty Five Thousand only), with two sureties for a like sum each to the satisfaction of the learned Special Judge for Trial of
Offences under SCs and STs (POA) Actcum- VI Additional Sessions Judge, Secunderabad.
ii.
The petitioner/accused No.1 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/accused No.1 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: 09.12.2025 SS
THE HONOURABLE SMT JUSTICE K. SUJANA CRIMINAL PETITION No.16119 of 2025 Date: 09.12.2025 SS