Mukta Gupta, J.

By this petition the petitioner seeks quashing of FIR No. 18/2017 under Sections 406/420/120B IPC registered at PS Rajouri Garden on the complaint of respondent No.2 and the proceedings pursuant thereto on merits.

2. Learned counsel for the petitioner contends that on the basis of FIR in question no cognizable offence is made out against the petitioner and mere words of the complainant cannot be a ground for filing the charge-sheet to proceed against the petitioner for trial.

3. The allegations of the complainant in the above-noted FIR are that he came in contact with the petitioner No.1 and his two sons who are the petitioners No.2 and 3 in the present petition. The petitioners claimed that they had a flourishing business of finances and it would be thus safe to invest money and assured of heavy returns. Allured by the promises of the petitioners and their persistently asking the complainant to invest in their scheme, the complainant decided to join a Committee run by the petitioner comprising of 12 members in which each member had to pay a sum of Rs.2 lakhs per month for one year. On the request of the petitioners the complainant was to pay a sum of Rs.1 la