O R D E R

This petition has been filed to quash the FIR registered in Cr.No.54 of 2022 on the file of the respondent police .

2. On the complaint lodged by the second respondent, the first respondent has registered an FIR in Cr.No.54 of 2022 for the offences punishable under Sections 420 , 294(b) and 506(i) of IPC for the allegations that the first petitioner is doing Jewellery business in the main bazaar, Neyveli under the name and style of SRJ Golden Maligai. The defacto complainant's father by name S.S.Rajendran and the first petitioner is known to each other. In this regard, the second respondent's father had deposited a sum of Rs.70,70,000/- with the first petitioner for the purpose of business.

3. The further allegations is that the first petitioner had assured the share profits and also to repay double the amount. Thereafter, the petitioners had failed to repay the said amount. Infact, they paid only interest to the tune of Rs.50,00,000/- and assured that the remaining amount will be paid within a short period of time.

4. A perusal of records revealed that the second respondent's father had given a sum of Rs.70,70,000/- to the petitioner in the year 2010. Thereafter, the entire