1. These two criminal petitions are filed by petitioners/Accused Nos.1 and 2 respectively under Section 482 Cr.P.C to quash the proceedings in Crime No.65 of 2015 of Markapur Police Station, registered for the offences punishable under Sections 420, 468, 471, 472 & 120-B, read with 34 I.P.C which is the outcome of a private complaint filed by the 2nd respondent herein and the same was forwarded for investigation under Section 156(3) Cr.P.C.

2. The 1st accused G.S.V.Krishna Krishna Rao is the Assistant General Manager, and the 2nd accused is the Chief Manager-cum-Authorised Officer, Andhra Bank, Somajiguda branch at the time alleged offence. The 2nd respondent is the complainant, who filed a private complaint on 04.05.2015 before the learned Judicial Magistrate of the First Class, Markapur in C.F.R.No.3649/2015 for the above said offences alleging that the complainant is doing civil contracts and also owning lands in Markapur town of Prakasam District, that one M.V.B.Narayana of P.S.V.Constructions Private Limited with office at Tarnaka also a native of Markapur town, also undertake civil contracts, the complainant approached said M.V.B.Narayana in connection to obtain loan thr