Cancel jQuery event handling

I have setup onclick event handler in the following manner:

element.onclick = function() { /*code */ }

Imagine there are event handlers setup using jQuery method bind() or similar handlers.

$('element').bind('click', function(){/*another function*/})

How can I prevent invoking handler defined with jQuery from the handler I have described in the beginning?

NB stopPropagation() and etc. jQuery's methods doesn't work from that function, because it is passed with native event object.