The petitioner is before this Court calling in question

proceedings

in

C.C.No.4396/2017

registered

for

offences

punishable under Sections 3 and 4 of the Karnataka Prohibition

of Charging Exorbitant Interest Act, 2004 and Sections 5 and 39

of the Karnataka Money-Lenders Act, 1961.

The petitioner is accused No.3 in the case at hand.

Accused

Nos.1

and

had

approached

this

Court

in

Crl.P.No.2710/2018 against whom the very offences were alleged

in the very same crime. A Co-ordinate Bench of this Court by an

order dated 14.02.2020 has allowed the petition and quashed

3

the proceedings against accused Nos.1 and 2. A Co-ordinate

Bench of this Court in Crl.P.No.2710/2018 dated 14.02.2020,

has held as follows:

<4.

The facts leading to the case are that

respondent

No.2

registered

a

case

on

06.08.2015 alleging that the accused persons

were doing chit transaction and requested the

respondent/complainant to join for the same

and further stated that they would give

money to her and she can give it to others for

interest and to return etc. It is further alleged

that

accordingly,

respondent/complainant

used to receive amount from accused Nos.1

and 2 and used to give amount to others on

interest thro