SUNIL RAJPUT & ANR. vs STATE OF NCT OF DELHI & ANR.

Judgment text excerpt

$~57 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 11th February, 2026 + CRL.M.C. 1176/2026 & CRL.M.A. 4704-4705/2026 SUNIL RAJPUT & ANR. .....Petitioners Through: Mr. Pulkit Agarwal, Mr. Bhupendra Kushwaha, Mr. Rajat Kumar and Mr. Anubhav Lamba, Advocates along with P-1 in person P-2 in person (Through VC) versus STATE OF NCT OF DELHI & ANR. ....Respondents Through: Ms. Priyanka Dalal, APP for State R-2-in-person IO-SI Amit CORAM: HON’BLE MR. JUSTICE MANOJ JAIN J U D G M E N T (oral) 1. Petitioners herein seek quashing of FIR No. 28/2024 dated 20.02.2024, registered at Cyber Police Station, Outer District, Delhi, for commission of offences under Sections 420/120-B/34 IPC, along with all consequential proceedings arising therefrom, on the basis of compromise. 2. Aforesaid FIR was registered on basis of complaint made by respondent no. 2 Mr. Amritpal Singh, who was made to invest in fake trading account and was thereby cheated. 3. During investigation, accused Sunil Rajput was arrested and was, subsequently, released on bail. Other accused Ashish Rajput joined the investigation and charge-sheet has already been filed against both of them for said offences. Signature Not Verified Signed By:SONIA CRL.M.C. 1176/2026 1 THAPLIYAL Signing Date:12.02.2026 18:18:24 4. Charges are yet to be framed. 5. As per broad allegations, both accused started business of online trading and, resultantly, investment was made by respondent no. 2 herein who deposited around a sum of Rs. 6.50 lacs in the Axis Bank account, maintained by M/s Balaji Traders. Since aforesaid amount was not returned and there was no investment in the share market either, the aforesaid FIR had been registered. 6. Matter has, now, been settled between the parties. 7. Memorandum of Understanding (MoU) da