THE HONOURABLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.10198 OF 2025

ORDER :

This criminal petition is filed under Section 482 of Bharatiya Nagarik Suraksha Sanhita, 2023 (for short ‘BNSS’) by the petitioner/A.4 seeking anticipatory bail in connection with Crime No.168 of 2023 of EOW Team-IX, CCS, D.D. Police Station, Hyderabad. The offences alleged against the petitioner are under Sections 406 and 420 r/w.34 of Indian Penal Code and Section 5 of the A.P. Protection of Depositors and Financial Establishment Act, 1999.

2. The case of the prosecution is that on 18.05.2023 at 18.15 hours, a complaint was received from Sri Shaik Omer Muqhtar, S/o Shaik Khajamiyya, Chandrayangutta, Hyderabad, along with others alleging that he and two others were introduced to one Y. Pratap Reddy through a person named Mohammed Shareef, who persuaded them to invest in a company named V.V. Enterprises, with a promise of monthly returns ranging from 8% to 12% on the invested capital. Based on this assurance, the complainant and others invested a total sum of Rs.3,71,80,000/- in the said company. The company, managed by Y. Pratap Reddy, his associates, and family members initially paid returns for a few