Supreme Court strict in cyber fraud case, refuses to grant anticipatory bail to chartered accountant

In a big cyber fraud and money laundering case of Rs 640 crore. Supreme Court Has refused to grant anticipatory bail to a chartered accountant (Cyber ​​Fraud Case).

Supreme Court Justice M.M. The bench of Justice Sundaresh and Justice Augustin George Masih upheld the decision of Delhi High Court and refused to grant relief to accused Bhaskar Yadav. Along with this, the instructions given by the High Court were also maintained, in which Yadav was asked to surrender within 10 days.

On February 2, 2026, the Delhi High Court had rejected the anticipatory bail petitions of Bhaskar Yadav and Ashok Kumar Sharma. The High Court, in its 22-page detailed order (Cyber ​​Fraud Case), had said that money laundering is a complex and organized crime, to investigate which the Enforcement Directorate (ED) is required to interrogate the accused in custody. The Court held that the accused, despite being a skilled professional, was allegedly involved in hiding the proceeds of crime and arranging it at multiple levels, which custodial interrogation was necessary to uncover.

The High Court had also mentioned in its order that allegations of attacking investigating officers, bribing local police to suppress complaints related to cyber fraud and destroying electronic evidence have also come to light against the accused (Cyber ​​Fraud Case). In view of these serious allegations, the court had refused to grant anticipatory bail.

After the Supreme Court upheld the High Court’s decision, now the accused has no option left but to surrender. This case is being considered a big example of strict action by agencies against increasing cyber crime and money laundering in the country.