ORDER :

1. This Criminal Petition is filed under Section 482 Cr.P.C. seeking to quash the proceedings initiated against the petitioners/A-1 and A-2 in C.C.No.107 of 2016 on the file of the I-Additional Judicial Magistrate of First Class, Nizamabad, which was taken cognizance for the offences punishable under Sections 406, 409, 420 and 506 of I.P.C.

2. The facts which led to filing of the present Criminal Petition are as under :

Originally a case in Crime No.161 of 2014 of II Town Police Station, Nizamabad, came to be registered against the petitioners herein and two others for the offence punishable under Section 420 of I.P.C., basing on the complaint lodged by the second respondent/de facto complainant herein. In the said complaint, it is stated by the second respondent that he has purchased the plot No.13 admeasuring 220 square yards in Sy.No.1630 and 1634/A situated at Nizamabad, in the auction conducted by the State Bank of India, Shivaji Nagar Branch, Nizamabad, and he has paid the entire consideration of Rs.8,00,001/- and on such payment, the bank authorities, on 20.07.2013, got registered the said plot in his name bearing document No.8949/2013 and handed over the document to hi