Santhosh v. State Rep By

Crl.O.P.No.10778 & 10780 of 2024 T.V.THAMILSELVI, J.

These petitions have been filed to enlarge the petitioners on bail in crime No. 4 of 2024 on the file of th respondent police.

2. The case of the prosecution is that the defacto complainants' invested a sum of Rs.22,48,50,000/- in the company namely FX Yogi Advisers and Consultants Pvt. Ltd which was run by the accused persons. Thereafter, the accused persons neither paid the interest nor returned the principal amount and cheated the defacto complainants. Hence, the case.

3. Heard both sides.

4. As per the prosecution more than 65 crores was cheated by the accused persons and also A1 is still absconding. This Case needs detailed investigation. Hence, this Court is not inclined to grant bail to the petitioners. Accordingly, this petition is dismissed. 29.04.2024 pbl https://www.mhc.tn.gov.in/judis

T.V.THAMILSELVI, J.

pbl Crl.O.P.No.10778 & 10780 of 2024 29.04.2024 https://www.mhc.tn.gov.in/judis