HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THE HONOURABLE SRI JUSTICE J. SREENIVAS RAO CRIMINAL PETITION No.6789 of 2026 DATE: 30.04.2026 Between :

Thakur Karan Singh and three others ....Petitioners/Accused Nos.1,2,3 and 5 AND The State of Telangana and another ....Respondents :ORDER:

This Criminal Petition has been filed by the petitioners/accused Nos.1, 2, 3 and 5 under Section 528 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short, ‘the BNSS’), seeking to quash the proceedings in Crime No.23 of 2026 of Kagaznagar Town Police Station, Kumrambheem Asifabad District, registered for the offences punishable under Sections 406 and 420 read with 34 of the Indian Penal Code, 1860 and Section 5 of Telangana Protection of Depositors of Financial Establishment Act, 1999 (for short ‘The Act’).

2. Heard Mrs. B. Rachna Reddy, learned Senior Counsel, representing Mr. Mohd. Baseer Riyaz, learned counsel for the petitioners, and Mr. Jithender Rao Veeramalla, learned Additional Public Prosecutor appearing on behalf of respondent No.1-State.

3. The brief facts of the case are that on 15.01.2026 at about 21:00 hours, the complainant, Gajjala Srinivas, S/o Gajjala Bheemalah, aged about