THE HONOURABLE SRI JUSTICE E.V.VENUGOPAL CRIMINAL PETITION No.4000 of 2025

ORDER

This Criminal Petition is filed under Section 528 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short “the BNSS”) by the petitioner/accused, to quash the proceedings against him in C.C.No.558 of 2025 pending on the file of the XIV Additional Metropolitan Magistrate, Cyberabad at Hayathnagar for the offences punishable under Section.405, 420, 503 and 506 of IPC.

2. Heard learned counsel for the petitioner, Ms. S.Madhavi, learned Assistant Public Prosecutor appearing for respondent Nos.1 and 2, and Ms. S.Sumalatha, learned counsel for respondent No.3. Perused the record.

3. The brief facts of the case are that accused is the CEO of the Skyshade Daylights Private Limited company and he had many orders on hand from the Telangana Government to manufacture and supply Tensile Structures. Therefore, the petitioner approached one Bh.Srinivas for money, who in turn recommended the de-facto complainant to advance the loan amount to the accused. Therefore, the petitioner borrowed an amount of Rs.1,50,000,000/- from the de-facto complainant with a promise to repay the same. But the petitioner did not pay any a