Hi ArulM,
I am having a similar problem but reversed, my vehicle is rendering but not my animated character.
In Sequencer everything runs smooth and looks great, but as soon as I render in MRQ it completely loses my character, as far as i can tell every other object in my scene is rendered without fail and I get no error log for my character not being in the render.
If you have found a fix for this I would love to solve this!