# Shocking Twist: Vikram Bhatt and

# Shocking Twist: Vikram Bhatt and Wife Denied Bail *Again* in ₹30 Crore Bollywood Fraud Scandal! Imagine investing **₹30 crore** in a dream biopic project, only to watch your money vanish into thin air with no film in sight. That's the nightmare facing Dr. Ajay Murdia, founder of Indira IVF, who accuses Bollywood director **Vikram Bhatt** and his wife **Shwetambari Bhatt** of pulling off one of the biggest scams in recent film industry history.[1][5] ## The Fraud That Rocked Bollywood The drama unfolded when Murdia, grieving his late wife Indira, approached Bhatt to produce a heartfelt biopic. What started as a ₹42 crore deal for multiple films—including promises of **₹100-200 crore** in profits—turned sour fast. Murdia claims the couple siphoned off nearly **₹30 crore** using **fake bills, vendors, and documents**, leaving no movies behind.[2][3][4][6] - **Timeline of Events**: FIR filed on November 17 at Udaipur's Bhopalpura police station under cheating charges (including non-bailable Section 338 of Bharatiya Nyaya Sanhita).[1][5] - **Arrests**: Bhatt and Shwetambari nabbed from Mumbai on December 7, produced in Udaipur court on December 9, initial police custody followed by judicial custody.[2][3] - **First Bail Rejection**: Sought on medical grounds around December 16—denied.[2][6] - **Second Denial**: On December 24, Udaipur court rejects again, citing risks to witnesses, ongoing probe into financial trails, and investigation integrity.[1][4][5] Police have already arrested co-producer Mahboob Ansari and a fake vendor named Sandeep, with more names under scrutiny. Bhatt denies it all, calling the FIR "misleading" and hinting at fabricated evidence against him.[2][3]

*Image: Symbolic representation of justice in the film world (Unsplash)*

## Why This Case Has Everyone Talking Known for hits like *Raaz* and *Ghulam*, Vikram Bhatt's fall from grace raises tough questions: Is this a calculated fraud or a misunderstood business deal gone wrong? The court's firm stance—no bail despite medical pleas—signals the probe's seriousness, with financial records still under the microscope.[1][4][6] As Bollywood grapples with funding woes, this scandal spotlights the dark side of ambitious film financing. What do you think—innocent until proven guilty, or a clear case of betrayal? Drop your thoughts in the comments below, share this post with fellow movie buffs, and stay tuned for updates as the investigation heats up!
Citations
1.https://shunyatax.in/blogs/news/udaipur-court-vikram-bhatt-bail-denied-fraud-case
2.https://www.nymorning.com/culture/news/1879
3.https://economictimes.com/news/new-updates/vikram-bhatt-of-ghulam-and-raaz-fame-wife-sent-to-judicial-custody-in-30-crore-fraud-case-heres-how-it-is-linked-to-indira-ivf/articleshow/126029840.cms
4.https://www.bollywoodhungama.com/news/bollywood/court-rejects-vikram-bhatt-wife-shwetambari-bhatt-bail-rs-30-crore-fraud-case/
5.https://timesofindia.indiatimes.com/entertainment/hindi/bollywood/news/vikram-bhatt-his-wife-shwetambari-bhatt-denied-bail-for-the-second-time-after-their-arrest-in-the-rs-30-crore-fraud-case/articleshow/126208831.cms
6.https://www.hindustantimes.com/entertainment/bollywood/vikram-bhatt-arrest-explained-what-is-the-30-crore-fraud-case-against-filmmaker-why-was-he-denied-medical-bail-101765953672663.html
7.https://www.youtube.com/shorts/ShKAjm3o8Ac
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