2026:CGHC:14389 NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR MCRC No. 1938 of 2026

1 - P. Satyanagamurti S/o P. Satyanarayan Murti, Aged About 25 Years R/o Pulaparthi Yalmanchli Mandal, District- Ankapalli (Andhra Pradesh)

2 - Balaji Shrinu S/o Balaji Ramnaidu Aged About 34 Years R/o 2-27, Chinna Vidhi, Tahs. Yalamanchli, District- Ankapalli (Andhra Pradesh)

... Applicants versus State of Chhattisgarh Through Station House Officer, Police Station Bhilai Nagar, /cyber Police Range, Durg, District- Durg (C.G.)

... Non-Applicant For Applicant : Mr. Amiyakant Tiwari, Advocate For Non-Applicant/State : Ms. Anusha Naik, Deputy Govt. Advocate Hon'ble Mr. Ramesh Sinha, Chief Justice

Order on Board

25.03.2026

1. This is the First bail application filed under Section 483 of the Bhartiya Nagarik Suraksha Sanhita, 2023, for grant of regular bail to the applicants who have been arrested in connection with Crime No. 08/2025 registered at Police Station – Bhilai Nagar/Cyber Police Range, Durg, District- Durg, (C.G.), for the offence punishable under Sections 318(4), 336, 317(4) and 3(5) of the RAHUL DEWANGAN Bhartiya Nyaya Sanhita, 2023, and Section 66-D of I.T. Act.

Digitally signed by RAHUL DEWANGAN

2. As per the prosecution case, on 09.10.2025 the victim/informant lodged a written complaint before the local police, which was subsequently forwarded to the Cyber Police Station, Durg Range, alleging that on 29.08.2025 she received a phone call from mobile number 08065328447 and also received a link on her Instagram account inviting her to invest in Forex and commodity (gold) trading, acting upon the said inducement, she initially invested an amount of Rs. 17,500/- through a UPI transaction, and thereafter, an investment portfolio was generated while she herself created a trading account, it is further alleged that she was induced to invest Rs. 3,00,000/- with an assurance of receiving returns of Rs. 9,00,000/- by 18.09.2025, and she also received an amount of Rs. 2,200/- in her bank account on 02.09.2025, subsequently, she continued to invest various amounts, namely Rs. 3,00,000/- on 01.09.2025 to LNIB Solution, Rs. 10,00,000/- on 03.09.2025 to Vasudev Trading Company, Rs. 10,50,000/- on 09.09.2025 to Gupta Enterprises, Rs. 15,00,000/- on 11.09.2025 to Parmar Trading, and Rs. 10,00,000/- on 30.09.2025 to Sant Nivruti Sopn, totaling Rs. 48,67,500/- from her salary account maintained with Canara Bank, which amount is alleged to have been defrauded from her, and a copy of the FIR is filed as Annexure A/2. Hence, the present bail application.

3. Learned counsel for the applicants submits that the applicants are innocent and have been falsely implicated in the present case, that even after completion of the investigation, the police have failed to establish any involvement of the applicants, as the entire charge sheet does not disclose commission of any offence by them, and although bank details have been annexed, no transaction has been shown in the accounts of the present applicants, it is further submitted that the charge sheet is conspicuously silent as to how the investigating agency has connected the applicants with the alleged offence, particularly when no mobile number mentioned in the complaint has been seized from their possession and no person to whom the alleged defrauded amount was actually credited has been arrested, moreover, one of the transactions dated 30.09.2025 is shown to have been credited to the account of a charitable trust, and there is no material to show any connection or association of the applicants with the alleged trading companies, it is also submitted that the final report has been filed without showing any person as absconding and without attributing any specific role to the applicants, and in absence of any legal evidence on record, the prosecution has yet to prove its case beyond reasonable doubt, which is likely to take considerable time. It is also submitted that the charge-sheet has been submitted before the competen