Telangana HC Grants Bail to Accused in Rs. 41 Crore Investment Fraud Case

P. Subba Raju Vs State of Telangana (Telangana High Court) This Criminal Petition was filed before the Telangana High Court by the petitioner, P. Subba Raju (Accused No. 3), seeking bail in connection with Crime No. 65 of 2025 registered by the Economic Offences Wing (EOW), Cyberabad Commissionerate. The petitioner is accused of offences under Sections 316(2), 318(4), 336(3), 340 read with 61(2) of the Bharatiya Nyaya Sanhita, 2023, and under Section 5 of the Telangana Protection of Depositors of Financial Establishment Act, 1999. Allegations in the Complaint The case originated from a compla...