The petitioners (Satish Bansal and another) sought quashing of FIR No. 118 dated 25.06.2021, registered under Sections 420 and 120-B IPC at Police Station Sahnewal, District Ludhiana, on a complaint by respondent No. 2 alleging cheating. The complainant alleged that despite paying a substantial portion of the sale consideration (Rs. 2,36,63,062/-) for a piece of land under an agreement to sell dated 09.08.2016, the petitioners refused to execute the sale deed and subsequently mortgaged the disputed land to Aditya Birla Finance Limited for Rs. 2,10,00,000/- in 2018. The petitioners contended that the dispute was purely civil in nature, that the complainant himself defaulted by failing to arrange the full consideration by the agreed date, that the loan was raised only after the deadline for execution had passed, and that the complainant had even filed (and not pursued) a civil suit for specific performance. The petitioners also alleged that the complainant had forged a payment receipt, inflating Rs. 8,00,000/- to Rs. 88,00,000/-, and that an FIR had been lodged against him for the same. The judgment text provided ends before the court's final ruling is recorded, so the ultimate outcome cannot be determined from the text supplied.