IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 20-02-2026 CORAM THE HONOURABLE MR JUSTICE M. NIRMAL KUMAR AND CRL MP Nos.2183 and 2184 of 2026 NR. Raghuraman S/o.Late. Narayana Rao, Having Office at Flat No.L4C, 1^st Floor, Indira Nagar, Second Avenue, 6^th Cross Street, Adyar, Chennai - 600 020.

Petitioner(s)/A4 Vs

1. State Rep. by, The Deputy Superintendent of Police, Central Bureau of Investigation, Anti-Corruption Branch (ACB), Chennai.

2.Aswath Durai Selvam DC Regional Manager, State Bank of India, Regional Business Office, No.27/8, Kaushikan Complex, Kamarajar Street, West Tambaram, Chennai - 600 064.

Respondent(s)

CRL MP No. 2183 of 2026

1. NR. Raghuraman S/o.Late. Narayana Rao, Having Office at Flat No.L4C, 1st Floor, Indira Nagar, Second Avenue, 6th Cross Street, Adyar, Chennai - 600 020.

Petitioner(s)

Vs

1. State Rep. by, The Deputy Superintendent of Police, Central Bureau of Investigation, Anti-

Corruption Branch (ACB), Chennai.

2.Aswath Durai Selvam DC Regional Manager, State Bank of India, Regional Business Office, No.27/8, Kaushikan Complex, Kamarajar Street, West Tambaram, Chennai - 600 064.

Respondent(s)

CRL MP No. 2184 of 2026

1. NR. Raghuraman S/o.Late. Narayana Rao, Having Office at Flat No.L4C, 1st Floor, Indira Nagar, Second Avenue, 6th Cross Street, Adyar, Chennai - 600 020.

Petitioner(s)

Vs

1. State Rep. by, The Deputy Superintendent of Police, Central Bureau of Investigation, Anti-

Corruption Branch (ACB), Chennai.

2.Aswath Durai Selvam DC Regional Manager, State Bank of India, Regional Business Office, No.27/8, Kaushikan Complex, Kamarajar Street, West Tambaram, Chennai - 600 064.

Respondent(s)

PRAYER: Criminal Original Petition filed under Section 528 of BNSS, 2023 praying to call for the records in Charge Sheet in C.C.No.2229 of 2025 on the file of Additional Chief Metropolitan Magistrate, Egmore, Chennai and quash the same.

For Petitioner : Mr.Mukunth, Senior Counsel For Mr.K.Venkatasubban for M/s.Sarvabhauman Associates For Respondent-1: Mr.K.Srinivasan Special Public Prosecutor (CBI Cases)

O R D E R

The petitioner/A4 in C.C.No.2229 of 2025 facing trial along with five others for offence under Sections 120-B r/w 420 of I.P.C., filed this quash petition.

2.The learned Senior Counsel for the petitioner submitted that in this case, the petitioner an approved valuer having wide range of services including international valuation, bank approved valuation, Chartered Civil Engineering and Class-1A Panel of Engineering services. The petitioner is one of the Panel valuers of the second respondent/bank, namely, State Bank of India (SBI). In December, 2016, one Jayagiri, a Loan Counsellor for various banks approached the petitioner for valuation assignments. During the said period, the petitioner completed more than 40 assignments sourced through him, one of them pertained to the valuation of assets belonging to M/s.Duraiappa & Co. The petitioner raised invoice for a sum of Rs.1,00,000/- for the service rendered for valuing 15 properties belonging to S.Murugan and Gopal, the partners of M/s.Duraiappa & Co, including the following properties:

a. Property measuring an extent of 5390 sq.ft. of land with a residential building at Door No.425, MKN Road, Adambakkam Village, Alandur, Chennai.

b. Property measuring an extent of 3200 sq.ft. along with

920 sq.ft. Of undivided share of land at Sri Duraiappa Complex, New Door No.20, Old No.38, Karpaga Vinayagar Koil Street, Alandur, Chennai.

c. Residential Flat measuring 4050 sq.ft. at Door No.38, Flat No.S-1, II and III Floor, Sri Duraiappa Complex, Karpaga Vinayagar Koil Street, Alandur, Chennai.

It was Jayagiri, who was actively involved in arranging loans for his clients. The petitioner on the request of Jayagiri given a valuation report dated 28.02.2017 for the subject property to SBI, Alandur Branch, SBI, Uthiramerur Branch and SME, Thirumudivakkam Branch. The said Jayagiri was well known to various bank officials. According to the petitioner, the valuation report was given in the year 2017