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Vikram Bhatt Denies Rs 30-Crore Fraud After FIR by IVF Founder

Udaipur police are investigating an FIR accusing the director of misusing funds pledged for a proposed biopic.

Overview

  • Dr Ajay Murdia filed the complaint at Bhupalpura police station in Udaipur on November 8, naming Vikram Bhatt and seven others, including Shwetambari Bhatt and Krishna Bhatt.
  • The FIR alleges Murdia was induced to transfer over Rs 30 crore with assurances that films, including a biopic inspired by his late wife, would generate about Rs 200 crore.
  • Police confirmed a case has been registered under relevant sections and stated that the investigation is ongoing.
  • Vikram Bhatt called the complaint misleading, claimed documents supporting it are fabricated, and said he will cooperate with investigators.
  • Bhatt counter-alleged that Murdia halted funding for a separate film titled Virat and left roughly Rs 250 crore in unpaid dues to technicians.