HON’BLE SRI JUSTICE RAJA ELANGO Crl.P.No. 7348 of 2010 Date: 04-08-2010 Between: M/s. Vaibhav Constructions and others ……… Petitioners and The State of A.P. and another …… Respondents HON’BLE SRI JUSTICE RAJA ELANGO Crl.P.No. 7348 of 2010 ORDER: The petitioners approached this Court with a prayer to quash the proceedings against them in Crime No.471 of 2008 of Narayanaguda Police Station, Hyderabad, registered for the offences punishable under Sections 420 and 34 of IPC. Having perused the entire record, it is seen that the petitioners sold a flat to one Sampath Kumar and he obtained loan from the complainant-bank and committed default in payment of installments and therefore, the complainant filed the complaint alleging that the petitioners executed a second sale deed in respect of the said flat in favour of another person and colluded with the said Sampath Kumar and cheated the bank by obtaining the loan amount. The learned counsel for the petitioners stated that the complaint is false in nature and the allegations are not true and that the entire facts are placed on record and he is ready to produce the record before the concerned officer. Considering the same and in view of the facts and circumstances, this Court is not inclined to verify the genuineness or falsity of the allegations concerned. When a crime is registered, it is the prerogative of the Investigating Officer to find out whether the allegations mentioned in the complaint are true or not. Therefore, the Investigating Officer is directed to collect the entire material produced by the complainant and the petitioners herein and verify the same and complete investigation and file final report either way. The petitioners are at liberty to approach this Court if they have apprehension of their arrest by the Investigating Officer by way of filing an application for anticipatory bail. With the above observations, the Criminal Petition is disposed of. ___________________ JUSTICE RAJA ELANGO Date: 04-08-2010 YCR