APHC010382642025 IN THE HIGH COURT OF ANDHRA PRADESH (Special Original Jurisdiction) TUESDAY,THE FIFTH DAY OF AUGUST TWO THOUSAND AND TWENTY FIVE THE HONOURABLE DR JUSTICE Y. LAKSHMANA RAO CRIMINAL PETITION NO: 7829/2025 Between: Jale Vasudeva Naidu and Others State Of Andhra Pradesh Counsel for the Petitioner/accused(S): 1. KAVATI NARESH Counsel for the Respondent/complainant: 1. PUBLIC PROSECUTOR The Court made the following ORDER: The Criminal Petition has been filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for brevity ‘the BNSS’) by the petitioners/Accused Nos.1 and 2 with Crime No.179 of 202 Nellore District registered for the alleged of 471, 420, 120(B), 467 and 468 of Indian Penal Code (for short ‘the IPC’ IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) TUESDAY,THE FIFTH DAY OF AUGUST TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE DR JUSTICE Y. LAKSHMANA RAO CRIMINAL PETITION NO: 7829/2025 Jale Vasudeva Naidu and Others ...PETITIONER/ACCUSED(S) AND ...RESPONDENT/COMPLAINANT Counsel for the Petitioner/accused(S): Counsel for the Respondent/complainant: PUBLIC PROSECUTOR the following: The Criminal Petition has been filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for brevity ‘the BNSS’) by the Nos.1 and 2 for granting of pre-arrest bail in connection 2024 of Muthukur Police Station, Sri Potti Sriramulu registered for the alleged offences punishable under Sections , 120(B), 467 and 468 of Indian Penal Code (for short ‘the IPC’ IN THE HIGH COURT OF ANDHRA PRADESH [3521] THE HONOURABLE DR JUSTICE Y. LAKSHMANA RAO ...PETITIONER/ACCUSED(S) ...RESPONDENT/COMPLAINANT The Criminal Petition has been filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for brevity ‘the BNSS’) by the arrest bail in connection Sri Potti Sriramulu fences punishable under Sections , 120(B), 467 and 468 of Indian Penal Code (for short ‘the IPC’) 2 2. The case of the prosecution, in a nutshell, is that this involves the use of fake documents presented as genuine, resulting in cheating the Axis Bank authorities. The offences occurred between 10.02.2022 and 08.01.2024 at various branches of Axis Bank in Muthukur, Nellore city, and surrounding districts, and were reported on 23.12.2024 at 20:00 hours. The accused approached various branch managers in Nellore city and nearby districts to avail personal loans, business loans, and credit card facilities for 56 fake employees by falsely representing that these individuals were employed with companies such as AVNET India Pvt. Limited, MR Info Line, Global Solution, and Capital Tree. The accused submitted fabricated documents, including pay slips of the fictitious employees, and provided false information regarding their employment in these private companies with dishonest intent to wrongfully obtain financial benefits. Based on these false representations, Axis Bank sanctioned digital personal loans totaling Rs.10,60,43,000/- and outstanding digital credit card amounts of Rs.26,46,000/- in the names of these employees. Although Rs.1,49,97,000/- was repaid by the fake employees as EMI installments, they ultimately defaulted on repayment of loans and credit card dues amounting to Rs.9,19,47,085.32/-. The accused colluded with the fake employees by submitting fraudulent documents to Axis Bank authorities with dishonest intentions, thereby cheating the bank to the tune of Rs.9,19,47,085.32/-. On the basis of the complainant’s report, the case was registered. 3 3. Sri K.Naresh, the learned counsel for the petitioners, submits that the petitioners have not committed any offence; they were falsely implicated in this case; they are the sole breadwinners of their family; they are ready to abide any conditions to be imposed by this Court; and urged to grant pre- arrest bail to the petitioners/Accused Nos.1 and 2. 4. Per contra, Ms. P.Akila Naidu, the learned Assistant Public Prosecutor, opposed in granting of bail stating that investigation is not yet completed; if the petitioners are granted pre-arrest bail, they will repeat the same offence, and it is urged to dismiss the bail petition. 5. Perused the record. 6. The allegation against the petitioners is that they, along with some other accused, obtained loans by producing fabricated and fake documents in different accounts, resulting in an amount of Rs.10,60,43,000/- being obtained from Axis Bank, with no repayments made to the bank. Initially, the investigating officer registered the case under Sections 420 and 471 of the IPC. Later, Sections 120(B), 467, and 468 of the IPC were added. From 2022 to 2024, the petitioners and other accused conspired with certain bank officials to open bank accounts in four branches of Axis Bank and obtained personal loans by producing fake and fabricated documents, pretending to be software employees of some company. As the accusations are well-founded and there are specific overt acts against the petitioners, this Court does not deem it fit to 4 grant pre-arrest bail to the petitioners. Hence, the criminal petition is dismissed. 7. In the result, the Criminal Petition is dismissed. _________________________ DR. Y. LAKSHMANA RAO, J Date: 05.08.2025 S D P 5 211 THE HONOURABLE DR JUSTICE Y. LAKSHMANA RAO CRIMINAL PETITION No.7829 of 2025 Date:05.08.2025 S D P