Majeed S/o Fakirsab Bagwan vs State of Maharashtra — 61/2025

Case Summary: Majeed S/o Fakirsab Bagwan v. State of Maharashtra (Crim.M.A. No. 61/2025) The court allowed the applicant's petition seeking release of Rs. 1,05,000 held by banks following an online fraud. Majeed was defrauded by a scammer posing as a fruit businessman on WhatsApp, losing Rs. 1,24,000 across multiple transactions on 25.02.2025; the cyber crime portal subsequently froze Rs. 1,05,000 in two recipient bank accounts. The court found sufficient evidence of cyber fraud through the applicant's affidavit, cyber complaint, and bank statements, directing Axis Bank and Indusind Bank to unhold the frozen amounts, subject to the applicant furnishing an indemnity bond of Rs. 1,50,000 with undertaking to refund 1.5 times the amount if the fraud claim proves false. This case analysis is maintained by casestatus.in based on publicly available court records.