Vikram Bhatt, Wife Shwetambari Jailed in Rs 30 Crore Fraud Case; Bail Denied
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Filmmaker Vikram Bhatt and his wife, Shwetambari, have been jailed in Udaipur in connection with a 30 crore fraud case. Their request for interim bail was denied.
Filmmaker Vikram Bhatt and his wife, Shwetambari, have been remanded to judicial custody in Udaipur following allegations of a Rs 30 crore fraud. A court issued the order on Tuesday, denying their request for interim bail which was sought on medical grounds.
The couple's legal representative had applied for temporary release earlier that day, citing the need for medical treatment. According to Advocate Manzoor Hussain, this would have allowed them to receive medical attention for a short period, pending the court's decision. Ultimately, the court rejected the interim bail application and ordered that they be held in judicial custody. DSP Suryaveer Singh confirmed that the Bhatts will be sent to the Central Jail in Udaipur.
**Arrest and Custody Timeline**
Vikram Bhatt and Shwetambari were taken into custody in Mumbai on December 7th and subsequently transported to Udaipur by the police. They appeared in court on December 8th, and on December 9th, they were placed in police custody for seven days. The filmmaker, his wife, and six other individuals are accused of defrauding Dr. Ajay Murdia, an Udaipur-based businessman and founder of the Indira Group of Companies, of Rs 30 crore.
**Details of the Alleged Fraud**
The charges are related to a proposed biopic about Dr. Murdia's deceased wife. Police reports indicate that Dr. Murdia, who owns Indira IVF Hospital, wanted to produce the film and was allegedly promised earnings of Rs 200 crore. That said, the reality is a bit more complicated. the project never materialized, leading Murdia to file a complaint at the Bhopalpura police station in Udaipur, alleging fraud and other offenses. The FIR, filed on November 17th, claims that the accused misappropriated over Rs 30 crore by making false representations concerning the film's production and potential profits. Authorities further allege that the accused generated fake invoices to facilitate the purported fraud. The investigation is still ongoing.
