So is the disc in his possession or is it with the boss now.
he has the disc. but when it happened i report it about 3 to 4 hours later
Ok if I understand right, the disc was never actually confiscated by your employer?
In which case it's presumably now your word against his, unless witnesses were present.
It does seem strange they should take this action, even though nothing actually exchanged hands.
I'm just guessing you both have been temporarily suspended pending your allegation being properly investigated
and any other underlining issues between you and your colleague.