IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THE HONOURABLE SRI JUSTICE N.TUKARAMJI CRIMINAL PETITION No.4275 OF 2024 DATE : 27.02.2026 Between:

Mahesh Rajendran.

…Petitioner/Accused No.10.

AND The State of Telangana and another.

…Respondents

ORDER:

This Criminal Petition is filed under Section 482 of the Code of Criminal Procedure, 1973, seeking quashment of the proceedings against the petitioner-accused No.10 in C.C.No.9 of 2022 on the file of Principal Senior Civil Judge-cum-Assistant Sessions Judge at Malkajgiri.

2. Heard learned counsel for the petitioner and Mr.M.Vivekananda Reddy, learned Additional Public Prosecutor appearing for respondent No.1-State.

3.1. Briefly stated, the relevant facts are that accused Nos. 1 and 2 established a Company by name Apex Web Service and Online Education Private Limited. It is alleged that the said Company, presenting itself as approved by the Ministry of Corporate Affairs, published various promotional materials and social media posts offering investment schemes promising returns up to four times the invested amount within twenty months under different packages such as “Micro,” “Mini,” “Basic,” “Gold,” and “Diamond.” On the basis of