Manmohan, J.

1. Present petition has been filed seeking anticipatory bail in FIR No. 25/2012 registered with PS Begumpur, Delhi under Sections 420/467/468/471/120B IPC.

2. In the complaint, the complainant has stated that on 09th July, 2010, present petitioner and his wife had entered into two loan agreements wherein they had agreed to pay Rs. 81,90,000/- on or before 04th September, 2010 and Rs. 97,60,000/- on or before 07th October, 2010.

3. It is further stated in the complaint that as the petitioner could not repay under the aforesaid loan agreements, petitioner offered to sell his house bearing No. 132, Pocket-12, Sector-20, Rohini, Delhi- 110085 for a total sale consideration of Rs. 26,55,000/-. In addition, the petitioner is alleged to have handed over a cheque of Rs. 12,00,000/- to the complainant.

4. On presentation, the said cheque of Rs. 12,00,000/- was dishonoured and hence a case under Section 138 of the Negotiable Instruments Act, 1881 was filed.

5. Subsequently, as the complainant came to know that petitioner and his wife had sold the aforesaid property to someone else, they therefore, registered the present FIR.

6. The police in its status report stated that p