Answer:
Rod will remain horizontal all the time after release.
Step-by-step explanation:
This is because net torque on the rod about any point in space is zero.
Let assume that distance between the two masses m and 2m is L.
Also m is situated at origin and in positive XY direction.
Then , Center of mass is at L(
)
COM =

So let us calculate net torque about hinged point which COM.
- Torque because of hinge force is zero because it passes from that point itself.
- Torque on 2m mass is 2mg(L/3) in nenegative Z direction.
- Torque on m mass is mg(2L/3) in positive Z direction.
As both torque are equal and opposite then net torque =0.
Thus it got balanced.