- 1 - HC-KAR NC: 2026:KHC:18471 CRL.P No. 10055 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6TH DAY OF APRIL, 2026 BEFORE THE HON'BLE MR. JUSTICE R. NATARAJ CRIMINAL PETITION NO. 10055 OF 2022 BETWEEN: 1. SRI. SASITOTA PRABHAKAR SHREESHA S/O. SRI. PRABHAKARA SASITOTA GANAPATI BHAT AGED ABOUT 46 YEARS RESIDING AT NO.149, CENTRAL EXCISE LAYOUT VIJAYANAGARA BANGALORE-560040 2. SMT. PADMAJYOTHI SHREESHA D/O. GANESH HEGDE W/O. S. PRABHAKAR SHREESHA AGED ABOUT 42 YEARS RESIDING AT NO.149, CENTRAL EXCISE LAYOUT VIJAYANAGARA BANGALORE-560040 3. SRI. MANJUNATH HEGDE S/O. GANESH HEGDE AGED ABOUT 40 YEARS C/O. SUNNESS CAPITAL INDIA PVT. LTD. RESIDING AT NO.149, CENTRAL EXCISE LAYOUT VIJAYANAGARA BANGALORE-560040 …PETITIONERS (BY SRI. T.V.NANJAREDDY, ADVOCATE) AND: 1. STATE BY SHANKARAPURA POLICE STATION BANGALORE-560004 BY ITS STATION HOUSE OFFICER Digitally signed by HEMALATHA J Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:18471 CRL.P No. 10055 of 2022 2. SMT. SHILPA DOSHI W/O. HARESH DOSHI MAJOR IN AGE RESIDING AT G-3 BRIGADE RATNA, 42 RANGA RAO ROAD, NEXT TO SLV, BASAVANAGUDI, BANGALORE-560004 …RESPONDENTS (BY SRI. M.R.PATIL, HIGH COURT GOVERNMENT PLEADER FOR RESPONDENT NO.1) THIS CRL.P IS FILED UNDER SECTION 482 OF THE CODE OF CRIMINAL PROCEDURE, 1973 PRAYING TO QUASH THE IMPUGNED CHARGE SHEET DATED 18.07.2022 NUMBERED AS CR.NO.11/2022 REGISTERED BY THE 1ST RESPONDENT POLICE, ALLEGING OFFENCES PUNISHABLE UNDER SECTION 5, 21 OF THE BANNING OF UNREGULATED DEPOSIT SCHEMES ACT AND SECTION 4 OF KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENT ACT ALONGSIDE SECTION 120B, 406, 409, 418, 420, 34 OF IPC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE R. NATARAJ ORAL ORDER The learned counsel for the petitioner has filed a memo seeking permission of this Court to withdraw this petition with liberty to pursue the application filed under Section 227 of Criminal Procedure Code. - 3 - HC-KAR NC: 2026:KHC:18471 CRL.P No. 10055 of 2022 2. In view of the memo, this petition is dismissed as withdrawn. However, liberty is reserved to the petitioners to urge all contentions raised in this petition before the Trial Court in the application filed under Section 227 of the Code of Criminal Procedure. Sd/- (R. NATARAJ) JUDGE HJ List No.: 1 Sl No.: 4