1. The petitioner, who is the second accused in a case pending in C.C.No.3646 of 2007 on the file of the XI Metropolitan Magistrate, Saidapet, Chennai, in respect of alleged offences under Section 420 I.P.C. seeks to quash the proceedings against him.

2. The complaint avers as follows:

"3. That during the middle of the year 2003 the complainant decided to enter into real estate business and hence he told his interest to enter into the real estate business to one Mr. G.BABU, Son of G.Gurunathan, Hindu aged now about 35 years, residing at premises bearing Municipal Door No.8, 3rd Street, Thillaigar Nagar, Ennore, Chennai600 057 who was to known to the complainant for the past five years. And he took the complainant on 15.8.2003 to A1 and he introduced the complainant to A1 signifying his interest in the real estate business.

4. That A1 introduced himself the complainant as a real estate broker and he further told the complainant that there was one property on an extent of forty five grounds, comprised in T.S.No.87, Block No.24, adjacent to K2 Ayanpuram Police Station, Ayanavaram, Chennai-600 023, belonging to one Mr.L.KANNAPPA CHETTIAR, Son of Late Lakshmana Chettiar, Hin