The pad named"47K pot" is connected to the middle pin of the pot. The other pins of the pot is not shown in the diagram but is connected in the right way.
No no, like I have said in my previous message, the legs of the pins 1, 2, 3 are cut from the IC. there is no through hole made for it in the PCB board. I have attached an edited pic to explain it. Since the resistor is close to the IC it creates a confusion and I admit it.
I checked the circuit with the multi meter and found out a serious mistake
While taking a Voltage reference from pin 5 and ground I found that a voltage of around 12V (DC) is seen as soon as the the power supply to the VU meter is given without playing any audio. So its clear that the 12V power supply that i used for the pin 3 is some how reaching pin 5. But I still cant figure out that How this is happening. Could you help me out??