Document Fragment View

Matching Fragments

Submissions by NCB in Bail Appln. 1362/2024 - Vaibhav Yadav

70. It is alleged by the Investigating Agency that on 05.05.2023, a notice under Section 67 was served to co-accused Arnav Dhankar, wherein he stated that Vaibhav Yadav used to buy LSD blots on his behalf and that he and Vaibhav Yadav are partners in drug trafficking. Vaibhav Yadav is his school friend with mobile number 7011798441.It is further alleged that the profit earned from thenarcotic trade was shared between him and Vaibhav. He further disclosed his Instagram ID as serotonin-donor. Vaibhav transferred Rs. 30000 in his account during April, 2023 which he changed to bitcoin through the link provided by Zambada Cartel and transferred the bitcoins to Zambada Cartel. Further the tracking ID Z13669453 of DTDC for receiving and tracking the parcel was also provided by him.

71. It is alleged that on 08.05.2023, Arnav Dhankar on being asked in his statement disclosed to the NCB officer while showing his bank statement the transaction dated 13.03.2023 from Vaibhav Yadav of Rs. 17,000, he disclosed that Vaibhav had send the money for placing the order of 50 LSD blots which was booked through Zambada Cartel in March. Zambada cartel sent him a link (P2P) to convert INR 17,000 to Bitcoin. Regarding the transaction dated 02.04.2023 it was deposed that Rs. 30,000/- had been sent by Vaibhav for placing the order for the current seized parcel which was booked through Zambada Cartel in April, 2023. It is further deposed that Zambada Cartel sent Arnav Dhankar the link to convert 30,000/- to bitcoin. Vaibhav Yadav also sent Arnav his bitcoin address to transfer the said amount to him. It is alleged that Digitally Signed By:DEEPANSHU BAIL APPLN. 1362/2024 & Conn. matters Signing Date:22.04.2025 15:56:45 the said fact has been further corroborated from the data extracted from the phone of accused.

77. It is stated that there is nothing on record to show the petitioner made any payments to the „Zambada‟ cartel for the alleged purchase of the LSD blots found in the parcel. It is stated that even though NCB has produced petitioner‟s bank statements, there is nothing to show that the payment of (i) INR 17,000 between the petitioner and Vaibhav on 13.03.2023 or (ii) the alleged payment of INR 30,000 to Shaik Mahameed on 02.04.2023, have any connection to the parcels or any illicit substances. The NCB has produced an email from one „[email protected]‟ stating that Shaik had received INR 30,000 from the petitioner and had converted the same to bitcoin. It is stated that neither Shaik Mahameed has been made a witness nor has his statement u/s 67 has been taken. Thus, it stated that the said email cannot be considered and it only shows that the petitioner had purchased a bitcoin and no connection with the alleged offence is established.

100. The quantities recovered from the petitioners are commercial in nature, they vary between 10 LSD blots to 50 LSD blots. In the case of Avtar Singh there is recovery of 02 LSD blots which is an intermediate quantity.

Additionally, there is no incriminating material to show that Avtar Singh was the sender of the parcels. The KYC form given by the DTDC to the respondent agency has not been filed by the respondents. The alleged bitcoin transaction between Avtar Singh and Naveen Fogat are dated 22.08.2022 and 07.09.2022 whereas the alleged transaction is supposed to be dated 06.04.2023 (i.e. 6 -7 months post the bitcoin transaction).