- 1 - NC: 2025:KHC:7264 WP No. 32241 of 2024 C/W WP No. 25527 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 18TH DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 32241 OF 2024 (GM-RES) C/W WRIT PETITION NO. 25527 OF 2024 (GM-RES) IN WP No. 32241/2024 BETWEEN: MR. K. BALASUBRAMANYAM S/O PRAKASHAM AGED ABOUT 41 YEARS NO 21 1ST MAIN ROAD GANGANAGAR BANGALORE 560032 …PETITIONER (BY SRI. H R SANTHOSH., ADVOCATE) AND: 1. THE STATE OF KARNATAKA BY ITS PRINCIPAL SECRETARY HOME DEPARTMENT VIDHANA SOUDHA BANGALORE-560001. 2. CHICKBALLAPURA CEN CRIME PS BY ITS STATION HOUSE OFFICER BANGALORE-560064. REP. BY STATE PUBLIC PROSECUTOR HIGH COURT OF KARNATAKA BUILDING Dr. B.R AMBEDKAR VEEDHI, BENGLARU-560001. Digitally signed by JUANITA THEJESWINI Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:7264 WP No. 32241 of 2024 C/W WP No. 25527 of 2024 3. MR MAHESH A N S/O LATE NARASIMHAPPA AGED ABOUT 38 YEARS SOMAKALAHALLI VILLAGE BAGEPALLI TALUK CHICKKBALLAPURA-563124. …RESPONDENTS (BY SRI.M.R.PATIL., HCGP FOR R1 & R2 SRI. SHIVAMURTHI A.R., ADVOCATE FOR R3) THIS W.P. IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE FIR IN CRIME NO. 85/2024 DATED 17/07/2024 TO THE 2ND ADDL. SENIOR CIVIL JUDGE AND JMFC, CHIKKABALLAPURA, ON THE FILE OF R2 SO FAR AS THE PETITIONER IS CONCERNED. ANN- A AND ETC. IN WP NO. 25527/2024 BETWEEN: 1. WALNUTMINDS PRIVATE LIMITED OFF AT NO. 92, OLD NO.496/9 2ND FLOOR, 3RD MAIN ROAD 9TH CROSS, RAJ MAHAL VILAS EXTENSION WARD NO.35-ARAMANE NAGAR SADHASHIVANAGAR, BANGALORE-560080 REGD.UNDER COMPANIES ACT 2013. BY ITS DIRECTOR KRISHNASAMY VENKATESH S/O KRISHNASAMY AGED ABOUT 40 YEARS 2. KRISHNASAMY VENKATESH S/O KRISHNASAMY AGED ABOUT 40 YEARS - 3 - NC: 2025:KHC:7264 WP No. 32241 of 2024 C/W WP No. 25527 of 2024 3. NAGASUBRAMANI SRIRAM S/O NAGASUBRAMANI AGED ABOUT 38 YEARS PETITIONERS NO.2 & 3 ARE DIRECTORS OF WALNUTMINDS PRIVATE LIMITED OFF AT NO. 92, OLD NO. 496/9 2ND FLOOR, 3RD MAIN ROAD 9TH CROSS, RAJ MAHAL VILAS EXTENSION WARD NO.35-ARAMANE NAGAR SADHASHIVANAGAR, BANGALORE-560080 ...PETITIONERS (BY SRI. SARAVANA S., ADVOCATE) AND: 1. THE STATE OF KARNATAKA BY ITS PRINCIPAL SECRETARY HOME DEPARTMENT VIDHANA SOUDHA BANGALORE-560001. 2. CHICKABALLAPURA CEN CRIME PS BY ITS STATION HOUSE OFFICER BANGALORE-560064. REPT. BY STATE PUBLIC PROSECUTOR HIGH COURT OF KARNATAKA BUILDING DR. B.R.AMBEDKAR VEEDHI, BENGLARU-560001. 3. MR. RAVI KUMAR DEPUTY SUPERINTENDENT OF POLICE CYBER, ECONOMIC AND NARCOTIC CRIME POLICE STATION, CHIKKABALAPUR -562101 - 4 - NC: 2025:KHC:7264 WP No. 32241 of 2024 C/W WP No. 25527 of 2024 4. BRANCH MANAGER AXIS BANK CHIKKABALLAPURA-560312 5. BRANCH MANAGER AXIS BANK, GANGANAGAR, BANGALORE-560032. 6. NODAL OFFICER, AXIS BANK, GANGANAGAR, BANGALORE-560032. ...RESPONDENTS (BY SRI.M.R.PATIL., HCGP FOR R1 TO R3 R4 TO R6 SERVED - UNREPRESENTED) THIS W.P. IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO DECLARE THAT THE ENTIRE ACTION OF THE R-3 IN CAUSING THE DEBIT FREEZING OF THE BANK ACCOUNTS VIDE NO. CEN PS/NO- 85/2024, DTD. 01.08.2024, OF THE PETITIONERS AS PER ANNX-D MORE PARTICULARLY IN RELATION TO FIR IN CRIME NO. 85/2024 DTD. 17.07.2024 REGISTERED FOR THE OFFENCE PUNISHABLE UNDER SECTION 316(2), 318(4) OF BHARATIYA NYAYA SANHITA BNS 2023 AND SECITON 66(D) OF INFORMATION TECHNOLOGY ACT, AS AGAINST THE 3RD PARTIES IS HIGHLY ILLEGAL, UNCONSTITUTIONAL AND ARBITRARY AT ANNX-D. THESE PETITIONS, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 5 - NC: 2025:KHC:7264 WP No. 32241 of 2024 C/W WP No. 25527 of 2024 CORAM: HON'BLE MR JUSTICE R DEVDAS ORAL ORDER The petitioner No.1 in W.P.No.25527/2024 M/s.Walnutminds Private Limited, had entered into an Escrow agreement with Axis Bank and Universal Trusteeship Services Limited on 22.05.2024. The petitioner is a service provider offering payout services for individuals and businesses by using single gateway for payment. The petitioner only receives commission of 0.1%. 2. The petitioner in another writ petition i.e., W.P.No.32241/2024 is a technician working with M/s.Walnutminds. Both of them are aggrieved of the action initiated by the respondent-Police on a complaint made by respondent No.3-Mahesh A.N. that an amount of Rs.3,05,373/- was taken away from his bank account and deposited into the account of one Mr.Rama Thakur through the petitioners herein. - 6 - NC: 2025:KHC:7264 WP No. 32241 of 2024 C/W WP No. 25527 of 2024 3. An affidavit dated 13.02.2025 has been filed by the third respondent-complainant that he has now received the entire sum of Rs.3,05,373/- from Mr.Rama Thakur and therefore, the third respondent has no further grievance against the petitioners. It is also stated that the third respondent would like to voluntarily withdraw the complaint given by him. 4. In that view of the matter, both the writ petitions are disposed of, permitting the third respondent to withdraw the complaint. The second respondent- Chickaballapura CEN Crime Police Station, are also directed to permit the third respondent to withdraw the complaint. The action of freezing the accounts of the petitioners are also directed to be recalled while defreezing the accounts. The writ petitions are accordingly disposed of. Sd/- (R DEVDAS) JUDGE JT/- CT: JL