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Police Verify Seized Bills as Vikram Bhatt Remains in Jail in Rs 44.7-Crore Fraud Probe

The case stems from a four-film financing deal that the complainant says was used to divert roughly Rs 44.7 crore through fake invoices.

Overview

  • Investigating officer DSP Chagan Rajpurohit said evidence, including bills seized from Mumbai locations, has been collected and is under verification, with limited cooperation alleged from the filmmaker’s team.
  • On January 5, the Rajasthan High Court refused to quash the FIR, noting allegations of deliberate diversion and misappropriation of funds and allowing the police investigation to continue.
  • Vikram Bhatt, his wife Shwetambari, mediator Dinesh Kataria and manager Mehboob Ansari were arrested on December 7 in Mumbai and remain in Udaipur jail after bail on medical grounds was denied.
  • The complaint by Indira IVF founder Dr Ajay Murdia alleges fake bills and vouchers cleared about Rs 44.27 crore, with only two films produced and combined box-office collections reported at roughly Rs 65 lakh.
  • Bhatt’s lawyer argues the dispute is civil, says payments were mutually known, questions police procedure under the BNSS, and has sought court relief with a fairness plea listed for January 12 and a bail hearing set for January 15.