Shilpa Shetty’s Lawyer Denies ₹15 Crore Diversion Allegation, Calls Reports ‘Fake’ and ‘Mischievous’

The actress’s legal team issues a strong rebuttal against claims that a portion of the alleged ₹60 crore fraud money was routed to her company, announcing plans to move the Bombay High Court against the “defamatory campaign.”

Amid ongoing investigation into a ₹60.4 crore cheating case against businessman Raj Kundra and his wife, actress Shilpa Shetty Kundra, reports surfaced claiming that Kundra had allegedly diverted approximately ₹15 crore to a company owned by Shetty.

However, Shilpa Shetty’s legal team has vehemently denied these allegations, issuing a strong official statement labelling the reports as “totally fake and mischievous.”

Lawyer Rebuts Allegations and Confirms No Money Received

Shilpa Shetty’s lawyer stated that the news was “intentionally planted in the public domain to defame” the actress. The statement directly refuted the claim of receiving funds from the fraud case:

“At the outset, we would like to state that this piece of information is totally fake and mischievous, intentionally planted in the public domain to defame my client. No such amount was ever received by my client Mrs Shilpa Shetty Kundra and at this stage, we cannot reveal anything further as the matter is sub judice.”

The legal team emphasized that while Mrs. Shetty Kundra remains ready to cooperate with the investigating agencies, the circulation of such “defamatory articles and news” infringes upon her Fundamental Rights.

Threat of Legal Action and High Court Move

In a strong warning to media outlets, the lawyer confirmed that Shilpa Shetty is compelled to take swift legal action to protect her reputation:

• Criminal and Civil Action: “My Clients are, however, compelled to initiate criminal and civil cases against all the fake media articles that have circulated the news without verifying the truth.”
• Bombay High Court: The statement concluded by announcing a move to a higher court: “My clients are moving the Honourable Bombay High Court for seeking relief against the defamatory campaign adopted by certain media outlets against my client Mrs Shilpa Shetty Kundra.”

The legal team stressed that all individuals or outlets that “have published online news about fake stories and unverified facts shall face the consequences for their actions in the court of law.”

The ₹60 Crore Cheating Case: A Brief Overview

The controversy stems from a complaint filed by Mumbai-based businessman Deepak Kothari in August 2025.

• The Accusation: Kothari alleged that Raj Kundra and Shilpa Shetty, along with an unknown person, defrauded him of over ₹60.4 crore in a loan-cum-investment deal.
• The Company: The case is linked to the couple’s now-defunct company, Best Deal TV Pvt Ltd. Kothari claims he invested the money between 2015 and 2023 under the pretext of business expansion, but the funds were allegedly misused for personal expenses.
• Investigation Status: The case is currently being investigated by the Economic Offences Wing (EOW). Both Kundra and Shetty were booked by the EOW in connection with the complaint.

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