Authority: High Court for the State of Telangana, Hyderabad

Order Date: 09.07.2026

Case Overview

  • Petitioners: V. Bramananda Reddy and others, identified as accused Nos.2 to 4.
  • Respondent: State of Telangana (de‑facto complainant is the Managing Partner of M/s JSS Ventures).
  • FIR No.: 52 of 2026, lodged with the Economics Offences Wing, Cyberabad Commissionerate.
  • Charged offences: Sections 420, 406, 467, 468, 471 read with 120B of the Indian Penal Code.
  • Allegations: Accused No.1 (CEO of JSS Ventures) allegedly conspired with petitioners to procure lands (Survey Nos.101‑104 and 106‑109, Sangareddy Town), misappropriate funds entrusted by the firm, fabricate receipts, and falsely represent full payment to landowners. The firm claims a wrongful loss of approximately Rs.5.5 crore.
  • Land transactions: Certain sale deeds were initially in the names of petitioners; a Memorandum of Understanding later required reconveyance to JSS Ventures. Most lands were reconveyed, leaving a small portion (0.19 guntas) unresolved.
  • Procedural history: Petitioners previously applied for anticipatory bail, withdrew the application pending a quash petition, which was dismissed on 23.06.2026. Accused No.1 had already been granted anticipatory bail.
  • Submissions: Petitioners argued they acted merely as mediators and sought bail on parity with Accused No.1, offering cooperation with investigation. Respondent counsel contended petitioners actively participated in fraudulent transactions and that custodial interrogation was necessary.
  • Court’s reasoning: The court observed that the primary financial misappropriation allegations target Accused No.1, with petitioners’ role limited to mediation. It noted the reconveyance of properties to the complainant, the absence of any indication of flight risk, and that custodial interrogation was not indispensable at this stage. The earlier bail to Accused No.1 constituted a material change justifying a fresh bail application.

Final Outcome

  • The court granted anticipatory bail to petitioners (accused Nos.2‑4) subject to the following conditions:

1. Surrender before the Station House Officer, Economics Offences Wing, Cyberabad, on or before 24.07.2026; upon surrender or arrest, release on bail upon execution of a personal bond of Rs.25,000 each with two sureties of equal amount.

2. Appear before the Investigating Officer every Saturday between 10:00 AM and 03:00 PM for twelve weeks from the date of release and cooperate fully with the investigation.

3. Furnish complete residential address and contact details to the Investigating Officer and keep them updated.

4. Not induce, threaten, influence, or contact any prosecution witness, nor tamper with evidence.

5. Strictly comply with all conditions contemplated under Section 482(2) of the Bharatiya Nagarik Suraksha Sanhita (BNSS).

6. Any willful breach will attract appropriate proceedings, including cancellation of bail, under BNSS and other applicable laws.

  • The court clarified that its observations are confined to the anticipatory bail application and do not constitute a judgment on the merits of the underlying case.

Topics: Anticipatory Bail, Economic Offence, Land Fraud