Rohit Vij filed a bail application before the Delhi High Court under Section 483 of the BNSS read with Section 45 of the PMLA, in connection with an Enforcement Case Information Report (ECIR) arising from an FIR registered by Hyderabad Cyber Crime Police relating to a fraudulent investment app called 'LOXAM'. The Directorate of Enforcement alleged that Vij was the beneficial owner of two forex entities—Ranjan Moneycorp Pvt. Ltd. and KDS Forex Pvt. Ltd.—through which proceeds of crime collected from mule accounts were laundered and ultimately routed to Dubai and China via hawala transactions. The applicant argued that he was not named in the original FIR or chargesheet, that the predicate FIR had been quashed/compounded, and that the proceeds of crime were limited to Rs. 1.16 lakhs. The court examined the preliminary question of whether PMLA proceedings survive the quashing of the predicate offence FIR, referencing the Supreme Court's ruling in Vijay Madanlal Choudhary v. Union of India, and noted that if a person is finally absolved by a court in the scheduled offence, PMLA action against that person in relation to the linked property cannot continue. The judgment text provided ends mid-analysis, so the final outcome on bail is not captured in the supplied text.