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2026 Supreme(Online)(Ker) 4268

IN THE HIGH COURT OF KERALA AT ERNAKULAM
DR. KAUSER EDAPPAGATH, J
AJEESH M.B. – Appellant
Versus
STATE OF KERALA – Respondent


Advocates:
For the Appellants/Petitioners: SHRI.SARATH BABU KOTTAKKAL, SMT.ARCHANA VIJAYAN, SHRI.SEBASTIN
For the Respondents: SRI.K.A. NOUSHAD, SR. PP

ORDER

This application is filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short, BNSS ), seeking regular bail.

2. The applicant is the accused No.7 in Crime No.34/2026 of Cyber Crime Police Station, Ernakulam District. The offences alleged are punishable under Sections 3 16 (2), 318 (4), 111 read with Section 3 (5) of the Bharatiya Nyaya Sanhita, 2023.

3. The prosecution case, in short, is that the accused persons, through phone calls and chatting with the defacto complainant from the Telegram account named @Capitalix_bot, made the defacto complainant believe that he would get high profit if trading was done through the website www.capitalix.com. Believing the accused, the defacto complainant, during the period from 15.03.2023 to 29.08.2025, transferred an amount of 24,76,21,042/- to different bank accounts. After receiving the money, the accused neither paid the promised profit nor returned the amount and thereby committed the above offences.

4. I have heard Sri.Sarath Babu Kottakkal, the learned counsel for the applicant and Sri.K.A.Noushad, the Senior learned Public Prosecutor. Perused the case diary.

5. The learned counsel for the applicant submitte

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