Two solutions :
1. Change the location of the database file. Anywhere except "c:/" or "Program Files" or System Folders.
2. Change the permissions of the application by changing the manifest file.
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<requestedexecutionlevel level="asInvoker" uiaccess="false" />
and replacing
"asInvoker"
to
"requireAdministrator"
Though the first one is both feasible and hasle free. Do let me know if it worked.