THE HONOURABLE SRI JUSTICE RAJA ELANGO CRIMINAL PETITION No.8934 of 2011 ORDER: Petitioner approaches this Court by invoking the provisions under Section 482 of the Code of Criminal Procedure seeking to quash the proceedings against him in Crime No.134 of 2009 of Police Station, C.C.S., South Zone, Hyderabad, where in he is arrayed as accused for the offence punishable under Sections 420 and 406 of IPC and 3 and 5 of A.P.Portection of Depositors of Financial Establishments Act, 1999. Learned counsel for the petitioner submitted that the petitioner has nothing to do with the alleged offence and only on the ground that he is the husband of the Accused No.1, he is falsely implicated in this crime. The petitioner is neither the director nor the member of the Finance Company. The petitioner apprehends arrest in the hands of respondent-police in the above said crime. This Court perused the complaint, wherein it is stated that the petitioner’s wife (A1) is Managing Director and A2 to A4 are partners of a chit fund company. Complainant joined in the said chit fund company for a chit of Rs.50,000/- and paid some instalments and A1 to A4 without repaying the money to the complainant, locked the company and thereby cheated her and other depositors. The petitioner herein being husband of the first accused collected money by way of chit instalments and purchased some properties. This Court is of the view that it is a matter to be investigated. At the threshold, this court is not inclined to interfere with the investigation and accordingly, the criminal petition is liable to be dismissed. Accordingly, the Criminal Petition is dismissed. If the petitioner apprehends arrest in the hands of the respondent-police, he is at liberty to approach the Sessions court for anticipatory bail. On filing of such application, the Sessions Judge is directed to consider the same favourably. Miscellaneous petitions filed in this Criminal Petition, if any, shall stand closed. ___________________ JUSTICE RAJA ELANGO 23rd September 2011 Rns