Vikram Bhatt and Wife Sent to Judicial Custody in ₹30 Crore Fraud Case; Bail Denied on Medical Grounds

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Bollywood filmmaker Vikram Bhatt and his wife Shwetambari are facing a major setback as they were denied bail on medical grounds and sent to judicial custody in a ₹30 crore fraud case. The couple had been in police custody since December 9, and their lawyer had requested interim bail on health grounds. However, the court rejected the plea, and they will now be held at the Central Jail in Udaipur. The alleged scam involves Bhatt, his wife, and six others who are accused of defrauding Dr Ajay Murdia, the founder of Indira Group of Companies, of ₹30 crore. According to the police, Murdia had approached the accused to produce a biopic on his late wife, promising him earnings of ₹200 crore. However, nothing materialized, and Murdia filed a complaint with the Bhopalpura police station in Udaipur, leading to an FIR being registered for cheating and other offences. The FIR, lodged on November 17, alleges that the accused siphoned off more than ₹30 crore by giving false assurances of film production and profits. The police claim that the fraud was committed through fake bills generated by the accused. The case is now set to go on trial, with the couple facing a tough road ahead as they navigate the judicial process.