ORDER

1. Petitioner is before this Court calling in question proceedings in Crime No.286 of 2020 pending before the 1st Additional Chief Metropolitan Magistrate, Bangalore registered for offences punishable under Sections 499 and 500 of the IPC read with Section 67 of the Information Technology Act, 2008 ('the Act' for short).

2. Heard Sri Adit Chandangoudar, learned counsel appearing for the petitioner, Smt. K.P.Yashodha, learned High Court Government appearing for respondent No.l and Smt. M.S. Roopa, learned counsel appearing for respondent No.2.

3. Brief facts leading to the filing of the present petition, as borne out from the pleadings, are as follows:-

The 2nd respondent is the complainant. The petitioner and the 2nd respondent have had certain transactions. It is the allegation in the complaint that the petitioner is a habitual money lender and the complainant comes in contact with him and also borrows money by way of hand loan. On such borrowings, the complainant had issued certain cheques in furtherance thereto, as security for the said loan. The complainant also appears to have deposited original property papers with the petitioner. The contention of the complainant in the co