APHC010101792026 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3396]

(Special Original Jurisdiction)

WEDNESDAY, THE ELEVENTH DAY OF MARCH TWO THOUSAND AND TWENTY SIX PRESENT THE HONOURABLE DR JUSTICE VENKATA JYOTHIRMAI PRATAPA CRIMINAL PETITION NO: 1589/2026 Between:

1. T ADIGIRI RAM NARESH, S/O. PRAKASH, AGED 42 YEARS,R/O.

DOOR NO.31-54-87,SIDDARTHA NAGAR, NEAR VINAYAKA TEMPLE,VADLAPUDI, VISAKHAPATNAM.

...PETITIONER/ACCUSED AND

1. T HE STATE OF ANDHRA PRADESH, , REP. BY ITSPUBLIC PROSECUTOR, HIGH COURT OF ANDHRA PRADESHAT AMARAVATHI, NELAPADU, GUNTUR DISTRICT.

...RESPONDENT/COMPLAINANT Petition under Section 437/438/439/482 of Cr.P.C and 528 of BNSS praying that in the circumstances stated in the Memorandum of Grounds of Criminal Petition, the High Court pleased to enlarge the Petitioner on Anticipatory Bail in the event of his arrest in Crime in FIR No.562 of 2025 on the file of Gajuwaka Police Station, Visakhapatnam District and pass IA NO: 1 OF 2026 Petition under Section 482 of Cr.P.C and 528 of BNSS praying that in the circumstances stated in the Memorandum of Grounds of Criminal Petition,the High Court may be pleased to grant Interim anticipatory Bail in crime No. 562 of 2025 on the file of Gajuwaka Police Station, Visakhapatnam District, pending disposal of the Main petition in the interest of justice and pass Counsel for the Petitioner/accused:

1. SINGURU SAI KRISHNA Counsel for the Respondent/complainant:

1. PUBLIC PROSECUTOR THE HONOURABLE DR JUSTICE VENKATA JYOTHIRMAI PRATAPA CRIMINAL PETITION NO: 1589/2026

ORDER:

This Criminal Petition is filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for brevity “BNSS”) by the petitioner/Accused seeking grant of pre-arrest bail in connection with FIR No.562 of 2025 on the file of Gajuwaka Police Station, Visakhapatnam District, registered for the offences punishable under Sections 318(4), 316(5), 338, 336(2), 336(3), 336(4), 340(2) of the Bharatiya Nyaya Sanhita, 2023 (for short “BNS”) and Sections 66-C, 66-D of IT Act, 2000-2008.

2. The case of the prosecution in brief is that the accused, while working at Indian Bank, Gajuwaka branch, fraudulently manipulated customer accounts by issuing fake term deposit receipts, forging customer mandates, and altering mobile banking details. He transferred funds without consent to accounts of his relatives, misappropriating a total of Rs. 36,75,000/- and causing a wrongful loss to the bank of Rs. 53,33,644/-..

3. Heard Sri Singuru Sai Krishna, learned counsel for the petitioner and Mrs.K.Priyanka Lakshmi, learned Assistant Public Prosecutor on behalf of the State.

4. Learned counsel for the petitioner would submit that the petitioner was falsely implicated in this case and did not commit any offence. The petitioner is a Bank employee who is facing allegations of opening bank accounts in the names of his family members, misappropriating TDR bonds, and issuing fake FD receipts. The petitioner is an ordinary clerk and is currently under suspension, with an enquiry pending. According to the report, the alleged offences occurred prior to 2022, whereas the FIR was lodged on 29.12.2025, after a lapse of three years. Learned counsel further submitted that the petitioner is willing to furnish adequate sureties to the satisfaction of the Court and prays to allow the petition.

5. Learned Assistant Public Prosecutor vehemently opposed the petition and submitted that that the investigation is still at a nascent stage. She further submits that the accused played an active role in misappropriating funds and manipulating bank records, and several aspects of the case, including verification of transactions, examination of customers, and forensic analysis of bank documents, are yet to be completed. She further submitted that if the petitioner is released on anticipatory bail at this stage, there is every likelihood of tampering with evidence, influencing witnesses, and obstructing the ongoing investigation. She finally prays for the dismissal