THE HONOURABLE SMT JUSTICE K. SUJANA CRIMINAL PETITION No.3691 of 2025

ORDER:

This Criminal Petition is filed seeking to quash the proceedings initiated against the petitioner/accused in Crime No.1093 of 2024 dated 05.11.2024 before Rajendranagar Police Station, Cyberabad Commissionerate, registered for the offences punishable under Sections 316(2), 318(4) and 351(2) of BNS.

2. The brief facts of the case are that on 05.11.2024 the de facto complainant/respondent No.1 lodged a complaint against the petitioner before the Police stating that he had sold his property admeasuring 300 square yards in Survey No.66/3, situated at Raidurg (now Khalsa Village), Serilingampally Mandal, for a sum of Rs.2.33 crores, that was credited to his HDFC Bank account during May/June 2021. It was stated that for filing his income tax return and seeking advice on capital gains, he approached one K.Koteswara Rao/petitioner, a Chartered Accountant, and at that time, the petitioner requested to him for a loan of Rs.2.5 Crores for personal and business needs, promising to repay it within 12 months with interest at 1.6% per month. Believing him, the complainant transferred Rs.2.5 Crores on 21.06.2021 to the Ba