1. This Petition has been filed by the sole accused in Crime No. 755/08 on the file of the Inspector of Police, Central Crime Branch, Team No. IV, Egmore, Chennai-8, towards quashing thereof.

2. It is submitted on behalf of the petitioner that he, as a partner of a firm known as M/s. T.S. Hajee Moosa & Co., which held property at No. 33(N.P.) and 34(N.P.), Thiru-Vi-Ka Industrial Estate, Guindy, Chennai was approached by the defacto complainant towards purchase thereof. The petitioner had informed the defacto complainant of the original title deeds being in the custody of Canara Bank and of consent to sell the property to the defacto complainant towards settling the dues with such Bank. A sale agreement was entered into between the petitioner and the defacto complainant on 12. 2007 and a sum of Rs. 3,00,000/- was paid by the defacto complainant at that stage.

3. The Complaint in the case informs that, for sale of the said property a consideration of Rs. 22,50,00,000/-was arrived at and that it was represented by the accused/petitioner herein that the original title deeds pertaining to the above mentioned property were with his brother, who was abroad at that time and th