THE HONOURABLE SRI JUSTICE J. SREENIVAS RAO CRIMINAL PETITION No. 9651 of 2025

ORDER

This Criminal Petition has been filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS) by the petitioner/accused No.1 seeking anticipatory bail in the event of his arrest in Crime No.221 of 2025 of Inthezargunj Town Police Station, Warangal District, registered for the offences punishable under Sections 318(4), 316(5) and 61(2) of the Bharatiya Nyaya Sanhita, 2023 (BNS).

2. The case of prosecution in brief is that on 04.06.2025 hours, the de facto complainant lodged a complaint stating that his head office had deputed Mr. Y. Sanjeeva Reddy, Assistant General Manager, for conducting surprise verification of gold ornaments pledged with the Branch and after verifying the purity of gold along with weight pledged with the branch on 23.05.2025. Out of 166 gold bags, the loan account Nos.1777, 1821 and 1822 belong to accused No.7 to 9, sanctioned by the petitioner found that some gold items pledged by them are spurious gold/fake gold, thereby the Bank sustained loss to a tune of Rs.43.50 lakhs. At the time of sanction of above gold loans, the gold loan appraisers are accused Nos.4 an