1. This petition is filed by petitioners/accused No.1, 2 and 4 to 6 filed under Section 482 of the Criminal Procedure Code praying this Court to quash the proceedings in C.C.No.23/2016 (P.C.No.14/2012) pending on the file of the learned Prl. Senior Civil Judge and J.M.F. C, Jamkhandi for the offences punishable under Sections 467, 468, 471, 474, 120B read with Section 149 of the Indian Penal Code as against the petitioners herein.

2. Brief facts of the prosecution case as narrated in the private complaint filed by the complainant one Jayawant S/o Kalasappa Kale. The complainant who is the natural brother of the accused No.1 Mr. Suresh, so also the deceased Susheelabai, according to the complainant himself and his sister Susheelabai were running partnership business under the name and style of M/s.Prashant Hotel in property bearing CTS No.5325 which was purchased by Smt. Susheelabai on 09.02.1983. The complainant and Smt. Susheelabai in their capacity as partners of the aforesaid firm raised loan of Rs.14,00,000/- from the Karnataka State Financial Corporation, for the purpose of construction of commercial complex on the property CTS No.5325, which was given security for the s