On 19th December, 2018 Respondent No.2 along with his friends attended a meeting at Hotel Orchid , Pune with Petitioner Nos. 2 and 3 in respect of investment in “Sankalp Siddhi” Company, Nasik. Petitioner Nos. 2 and 3 informed Respondent No. 2 about various investment schemes of the said company and induced him to invest for higher returns. Respondent No. 2 from time to time invested amount of Rs.16,08,000/- (Rs. Sixteen Lakhs and Eight Thousand only) as per the directions of Petitioners. The company run by Petitioner No. 1 returned an amount of Rs.4,07,700/- (Rs. Four Lakhs, Seven Thousand and Seven Hundred only) to Respondent No. 2, but they did not return an amount of Rs.12,00,230/- (Rs. Twelve Lakhs, Two Hundred Thirty only) to Respondent No. 2 as promised by the Petitioners. In spite of request of persuasion, Petitioner No. 1 failed to repay the amount of Rs.12,00,230/- to Respondent No. 2. Hence, Respondent No. 2 lodged FIR against the Petitioners.