THE HONOURABLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.13597 OF 2025

ORDER :

This criminal petition is filed under Section 482 of Bharatiya Nagarik Suraksha Sanhita, 2023 by the petitioner seeking anticipatory bail in connection with Crime No.43 of 2025 of EOW Police Station, Cyberabad. The offences alleged against the petitioner are under Sections 318(4), 319(2), 316(2), 316(5), 336, 338, 340(2) and 61(2) of Bharatiya Nyaya Sanhita, 2023 and Sections 43, r/w.66, 66C and 66D of Information Technology Act and Section 5 of the Telangana Protection of Depositors and Financial Establishment Act, 1999.

2. The facts of the case are that on 29.07.2025 at 1700 hours, a petition was received from the complainant-Bura Gowri Shankar, through the DCP, EOW, Cyberabad. He alleged that he and many others were victims of a large-scale financial fraud orchestrated by Gaddam Venkata Rao (who falsely claimed to be Director of M/s IIT Capital Technologies) and Gaddam Venu Gopal (who posed as Proprietor of M/s A.V. Solutions), along with their associates. Between March 2023 and July 2025, the accused ran a Ponzi scheme disguised as AI-based investment platforms, using fake websites, forged SEBI and