Overview

• Mumbai Police’s Economic Offences Wing recorded Shetty’s statement and took financial documents for verification as part of the ongoing investigation.
• Officials said five statements have been recorded so far, including that of her husband Raj Kundra and the liquidated company’s resolution professional, Rajendra Bhutada.
• The case stems from a complaint by businessman Deepak Kothari alleging that funds routed to Best Deal TV between 2015 and 2023 were diverted for personal use.
• An FIR registered on August 14 cites sections 403, 406 and 34, with investigators reporting they have traced roughly Rs 25 crore through transfers to actors and a production house.
• Kundra has told investigators some payments were professional fees, while Shetty’s legal team has rejected specific media claims and warned of defamation action.