Vijay Prakash v. the State of Jharkhand
Case brief
What is this about?
Jharkhand High Court (Ranchi), B.A. No. 10076 of 2025, decided 17.02.2026 by Sanjay Prasad, J. - bail rejection in cyber fraud / online trading scam case. FIR: Cyber Crime P.S. Case No. 45 of 2025 (written report by complainant Riti Anan; YouTube 'Smallcase Stock Investment' advertisement; WhatsApp VIP trading group) under BNS Ss. 318(2)/318(3)/318(4)/319(2)/336(2)/336(3)/338/340(2)/61(2) and I.T. Act, 2000 Ss. 66B/66C/66D. Accused/petitioner Vijay Prakash, proprietor of Vijay Enterprises, Indusind Bank A/c No. 201029868044; alleged fraud Rs. 23,95,000/-; Rs. 4,70,000/- traced from informant's account to petitioner's account on 08.04.2025 (counsel cited cheque no. 328971 debit of Rs. 4,70,023/-); custody since 30.06.2025; bail refused, application dismissed.
What did the court decide?
On perusal of the records, there is direct allegation against the petitioner of committing cyber fraud to the extent of Rs. 23,95,000/- (Twenty-Three Lakh Ninety-Five Thousand).