A quantum theory is constructed for the system of a relativistic particle with mass m moving freely on the SL(2.R) group manifold. Applied to the cotangent bundle of SL(2.R). the method of Hamiltonian reduction allows us to split the reduced system into two coadjoint orbits of the group. We find that the Hilbert space consists of states given by the discrete series of the unitary irreducible representations of SL(2.R). and with a positive-definite, discrete spectrum. (author).