Vikram Bhatt Arrested in ₹30 Cr IVF Fraud Case: All Details on Dr. Murdia FIR
Breaking News: Filmmaker Vikram Bhatt Arrested in ₹30 Crore Fraud Case
Mumbai/Udaipur: In a significant development, Bollywood filmmaker Vikram Bhatt has been arrested by a joint team of Rajasthan and Mumbai Police in connection with an alleged ₹30 crore fraud case. The arrest follows a complaint filed by Udaipur-based IVF specialist, Dr. Ajay Murdia, founder of the Indira Group of Companies.
Mumbai/Udaipur: In a significant development, Bollywood filmmaker Vikram Bhatt has been arrested by a joint team of Rajasthan and Mumbai Police in connection with an alleged ₹30 crore fraud case. The arrest follows a complaint filed by Udaipur-based IVF specialist, Dr. Ajay Murdia, founder of the Indira Group of Companies.
Vikram Bhatt and his wife, Shwetambari Bhatt, were detained from Mumbai on Sunday following the issuance of a lookout notice. The Rajasthan Police are currently seeking transit remand to transfer the couple to Udaipur for further investigation.
Allegations of Promised Biopic and Massive Returns
The case, registered at the Bhupalpura Police Station in Udaipur, stems from a detailed complaint by Dr. Murdia. According to the FIR, the IVF pioneer alleges that he was persuaded to invest over ₹30 crore in a film project centered around a biopic of his late wife.
The Promise: Dr. Murdia claims he was lured with the assurance that the film project, and a broader slate of projects, would generate massive profits, potentially reaching up to ₹200 crore.
The Investment: The funds were reportedly transferred over time for the production and associated work. Dr. Murdia has accused the filmmaker and several associates of misappropriation and cheating after the promised financial returns and credits failed to materialize.
The Biopic: While a film titled Tumko Meri Kasam-reportedly inspired by the doctor’s life-was released earlier this year, the complainant alleges he was neither given the promised producer credits nor the share of profits.
Vikram Bhatt Denies All Charges
Prior to his arrest, Vikram Bhatt had strongly denied the allegations, calling the FIR "misleading" and asserting that the police had been "misguided."
"I have read the FIR, and in my view it is misleading. The police have been completely misguided because the things written in the FIR are absolutely wrong," Bhatt had stated, further suggesting that the complaint may have been backed by "fabricated, forged documents."
Bhatt had also counter-alleged that Dr. Murdia was responsible for stalling the production of another film, Virat, and failing to clear payments owed to technicians, suggesting the fraud complaint was a tactic to avoid his own financial dues.
Two other individuals-a co-producer and a vendor-were previously arrested in connection with the case. The police investigation is ongoing, with authorities scrutinizing agreements, bank transactions, and communications as they map out the full money trail in the high-profile case.
What happens next?
Allegations of Promised Biopic and Massive Returns
The case, registered at the Bhupalpura Police Station in Udaipur, stems from a detailed complaint by Dr. Murdia. According to the FIR, the IVF pioneer alleges that he was persuaded to invest over ₹30 crore in a film project centered around a biopic of his late wife.
The Promise: Dr. Murdia claims he was lured with the assurance that the film project, and a broader slate of projects, would generate massive profits, potentially reaching up to ₹200 crore.
The Investment: The funds were reportedly transferred over time for the production and associated work. Dr. Murdia has accused the filmmaker and several associates of misappropriation and cheating after the promised financial returns and credits failed to materialize.
The Biopic: While a film titled Tumko Meri Kasam-reportedly inspired by the doctor’s life-was released earlier this year, the complainant alleges he was neither given the promised producer credits nor the share of profits.
Vikram Bhatt Denies All Charges
Prior to his arrest, Vikram Bhatt had strongly denied the allegations, calling the FIR "misleading" and asserting that the police had been "misguided."
"I have read the FIR, and in my view it is misleading. The police have been completely misguided because the things written in the FIR are absolutely wrong," Bhatt had stated, further suggesting that the complaint may have been backed by "fabricated, forged documents."
Bhatt had also counter-alleged that Dr. Murdia was responsible for stalling the production of another film, Virat, and failing to clear payments owed to technicians, suggesting the fraud complaint was a tactic to avoid his own financial dues.
Two other individuals-a co-producer and a vendor-were previously arrested in connection with the case. The police investigation is ongoing, with authorities scrutinizing agreements, bank transactions, and communications as they map out the full money trail in the high-profile case.
What happens next?
The couple is expected to be brought to Udaipur shortly for a thorough investigation by the local police team.
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