IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

207 CRM-M-19724-2025 Decided on:09.09.2025 Dharamvir Singh ...Petitioner Versus State of Haryana ...Respondent

207(1) CRM-M-24393-2025 Decided on:09.09.2025 Satish Kumar ...Petitioner Versus State of Haryana ...Respondent Coram : Hon’ble Mr. Justice Rajesh Bhardwaj Present: Mr. Aditya Verma, Advocate, for the petitioner(s).

Ms. Diya Sodhi, Sr. DAG, Haryana.

Mr. Nitin Sharma, Advocate, for the complainant.

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Rajesh Bhardwaj, J.

1. By way of this common order, two petitions bearing CRM-M-19724-2025 and CRM-M-24393-2025 are being disposed of as prayer in both the petitions, filed under Section 482 of the BNSS, 2023, is for grant of anticipatory bail to the petitioners in a common case FIR No.262 dated 02.07.2024, registered under Sections 316(2) & 318(4) of the BNS, 2023 at Police Station Mahesh Nagar Ambala, District Ambala. However, for the sake of convenience, the facts are being extracted from CRM-M-19724-2025.

2. Succinctly, the facts of the case are that the present FIR was registered on the complaint of Rakesh Saini and others, in which it was alleged that they have fallen victims to a cyber fraud committed with them by the company, namely, “Stake it” owned by Sehdev Singh which he started in the year 2021 with some of his relatives and friends, namely, Puneet Dhiman, Satish Kashyap, Dharamvir Rana, Chirag Ahuja, Rajinder Kumar, Puneet Ahuja, Tarun Sahi, Raj Kumar Rana, Madan Pal Singh, Harpreet Pal Singh, Sanjeev Rana, Siraj Ahmed, Amandeep Singh, Abhishek, Sanjeev Sharma, Paramjeet Singh and Amit. It was alleged that all the above mentioned persons, under the influence of Sehdev Singh, collected money from hundreds of people throughout the country and, thereafter, cheated them by dishonestly inducing them to deposit their money in their company. The complainants and other similarly situated victims invested their hard earned money on the guarantee given by these persons for the return of their amount with handsome profit. The network of this company grew very fast in which 5000 to 7000 people from Haryana, Punjab, Himachal, Rajasthan, Uttar Pradesh and Uttrakhand joined and invested a huge amount running into Rs.500 Crores throughout India. Some of the persons invested their money even by mortgaging their jewellery and properties. Various conferences were held by these people under the leadership of Sehdev Singh and investors were invited to attend the same. Some of the investors were given lucrative gifts and they were allured by adopting various methods and they invested the money of their retirement and pension etc. as well. The complainants and other victims found themselves to have been cheated as they were duped with the heavy amount. It was told to them that owner of the company Sehdev Singh left India and has already fled to Dubai along with his family members. The petitioners were alleged to be the main accused, who were part of the conspiracy in alluring the innocent investors. Finding no other alternative, the complainants filed the complaint to take legal action against all the accused responsible for cheating the innocent investors. On registration of the FIR, the investigation commenced. Apprehending arrest, the petitioners approached the Court of learned Additional Sessions Judge, Ambala, for grant of concession of anticipatory bail, however, after hearing both the sides, the said relief was declined to them vide orders dated 26.03.2025 and 25.04.2025 respectively. Hence, aggrieved against the said orders, the petitioners are before this Court by way of filing the present petitions.

3. Learned counsel for the petitioners has vehemently contended that the petitioners have been falsely and frivolously implicated in the present case. It is submitted that the petitioners themselves are the victims as they have also invested their money in the company and from the allegations made in the FIR, it is apparent that the complainants and other alleged victims have in