ORDER :

G. Sri Devi, J.

1. This Criminal Petition, under Section 438 of the Code of Criminal Procedure, 1973, is filed by the petitioner seeking to grant anticipatory trail in the event of his arrest in connection with F. No. ECIR/HYZO/09/2018/4377, dated 08.12.2020 on the file of the Assistant Director, Directorate of Enforcement, Hyderabad, which was registered under the provisions of Prevention of Money Laundering Act, 2002 (15 of 2003).

2. The case of the prosecution is that Agri Gold Company led by Avva Venkata Rama Rao and other Directors, have hatched a plan to run an illegal unregulated collective investment scheme by collecting deposits from public, without the approval of RBI/SEBI or any government agency, under the name board of "Real Estate Business", to the tune of Rs. 6380.00 Crores from 19,18,865 depositors under 32,02,628 claims/accounts as on 30.11.2014, with a promise to return the amounts with high rate of interest or registering a piece of land after developing it as plots for the money invested on the deposits and accordingly issued receipts for the group deposits as if it was an advance to a piece of land. The depositors deposited their hard earned money in Agri