THE HON'BLE SMT. JUSTICE TIRUMALA DEVI EADA CRIMINAL PETITION No.13070 of 2025

ORDER:

This criminal petition is filed seeking to quash the proceedings in C.C.No.08 of 2022 against the petitioner-Accused No.2 on the file of the Metropolitan Sessions Judge, at Hyderabad, for the offences under Section 406, 420 read with 34 of the Indian Penal Code, 1860 and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999.

2. Heard Sri C.V.Srinath, learned counsel for the petitioner and Mr.Jithender Rao Veeramalla, learned Additional Public Prosecutor for the respondent No.1-State.

3. Learned counsel for the petitioner submitted that the petitioner has no way concerned with the alleged chit fund business carried on by accused No. 1. He further submitted that the petitioner has never been involved in the said business, has never demanded or received any amount, nor is he responsible for the repayment of any such amount. He further submitted that merely because he is the brother of accused No. 1, he cannot be falsely implicated in the present case. Therefore, he prayed to quash the proceedings against the petitioner.

4. On the other hand, the learned Additional Publ