THE HONOURABLE SRI JUSTICE N.TUKARAMJI CRIMINAL REVISION CASE No.265 OF 2025

ORDER:

This Criminal Revision Case is filed under Sections 597 & 503 of Bharatiya Nagarik Suraksha Sanhita, 2023 (for short ‘BNSS, 2023’) seeking quashment of the order dated 20.02.2025 in Crl.M.P.No.524 of 2025 in Crime No.1093 of 2024 of Cyber Crime Station, DD Hyderabad, on the file of XII Additional Chief Judicial Magistrate, Nampally, Hyderabad.

2. Heard Mr. S.Maruti Rao, learned counsel for the petitioner and Mr.Jithender Rao Veeramalla, learned Additional Public Prosecutor, representing the respondent No.1-State.

3. The prosecution case in brief is that the respondent No.2/ de-facto complainant filed a report stating that, he was attracted by the advertisement about the free Stock Market advice and training by Pantheon Ventures an UK Based Fund Manager, joined the programme. The organizers, after gaining his confidence, introduced an App based trading for bulk trade/IPO with promising returns. After investment of Rs.22,00,000/- they declined his request to exit and insisted for investment of Rs.30,00,000/- more. Thus realizing the deception lodged the Police Report.

4. During the course of investigation,