Overview

• On July 8, Maradu police recorded the arrests of actor-producer Soubin Shahir, his father Babu Shahir and co-producer Shawn Antony before immediately granting them bail under anticipatory provisions.
• They are accused of embezzling ₹7 crore by promising investor Siraj Valiyaveettil a 40% share of profits from the 2024 Malayalam blockbuster.
• The Kerala High Court dismissed their petitions to quash the case last year and ruled that they be released on bail if arrested, barring custodial interrogation.
• Investigators allege the fraud was premeditated, with the investor misled into believing a shooting schedule was complete before filming began.
• The trio face charges under IPC Sections 120b, 406, 420, 468 and 34 as Maradu police continue to scrutinize Parava Films’ financial records.