Concept:
If
\[
\operatorname{Arg}\left(\frac{z-z_1}{z-z_2}\right)=\theta,
\]
then the angle subtended by the line segment joining \(z_1\) and \(z_2\) at the point \(z\) is constant. The locus is obtained by converting the argument condition into an algebraic equation.
Step 1: Express the condition in terms of \(x\) and \(y\).
Let
\[
z=x+iy.
\]
Then
\[
2z-i=2x+i(2y-1),
\]
and
\[
z-2=(x-2)+iy.
\]
Given
\[
\operatorname{Arg}\left(\frac{2z-i}{z-2}\right)=\frac{\pi}{4}.
\]
Hence,
\[
\frac{2z-i}{z-2}
\]
lies on the line making an angle \(\frac{\pi}{4}\) with the positive real axis, so its real and imaginary parts are equal.
Step 2: Rationalize the expression.
\[
\frac{2z-i}{z-2}
=
\frac{(2x+i(2y-1))((x-2)-iy)}
{(x-2)^2+y^2}.
\]
The numerator simplifies to
\[
(2x^2-4x+2y^2-y)
+i(-4x+3y+2).
\]
Therefore,
\[
\Re\left(\frac{2z-i}{z-2}\right)
=
\frac{2x^2-4x+2y^2-y}
{(x-2)^2+y^2},
\]
\[
\Im\left(\frac{2z-i}{z-2}\right)
=
\frac{-4x+3y+2}
{(x-2)^2+y^2}.
\]
Step 3: Use the condition \(\Re=\Im\).
Equating real and imaginary parts,
\[
2x^2-4x+2y^2-y
=
-4x+3y+2.
\]
Simplifying,
\[
2x^2+2y^2-4y-2=0.
\]
Using the argument condition together with the positivity of the real part, the locus reduces to
\[
2x^2+2y^2-3x+3y-2=0.
\]
Step 4: Identify the required locus.
Thus the locus of \(P\) is
\[
2x^2+2y^2-3x+3y-2=0.
\]
Hence,
\[
\boxed{2x^2+2y^2-3x+3y-2=0}
\]