Prince Raj Bail Rejected, Rs 40.32L Deposit

Authority: High Court of Orissa at Cuttack

Order Date: 03 September 2026

Petitioner: Prince Raj, proprietor of Maa Bhagabati Garments.
Opposite Party: State of Odisha.
Counsel: Mr. B.R. Tripathy (petitioner); Mr. S.C. Pradhan, Additional Public Prosecutor (State).
Application: Filed under Section 483 of the BNSS, 2023 seeking bail in Cyber Crime (CID) P.S. Case No. 11 of 2025 / C.T. Case No. 494 of 2025.
Allegations: The petitioner allegedly received Rs 40,32,500 in the Bandhan Bank account of Maa Bhagabati Garments, which is linked to five complaints on the NCR (Samanvaya) portal.
Background: Complainant Sambhram Das was added to WhatsApp groups “F‑31‑Raushan VIP Investment Alliance” and “VIP 760 Raushan Kumar Exchange group”. Acting on the admin’s advice, he invested Rs 2,06,07,500, later discovering he could not withdraw the amount, constituting an online financial fraud.
Offences Cited: Sections 318(4), 319(2), 336(2)(3), 338, 340(2), 61(2), 3(5) of the BNSS read with Section 66(C)(D) of the IT Act.
Investigation: Charge sheet filed; investigation uncovered the Rs 40,32,500 deposit to the petitioner’s account.

The Court, after reviewing submissions and the material linking the petitioner’s account to the complaints, declined to grant bail at this stage.
The bail application is dismissed; the petitioner may renew his bail prayer after examination of witnesses.

Topics: Legal, Cyber Crime, Financial Fraud