Shilpa Shetty Raj Kundra Travel Plans Hit by Rs 60 Crore Fraud Case
Bombay HC orders Shilpa Shetty and Raj Kundra to deposit Rs 60 crore before foreign travel.
The Bombay High Court stipulated that actor Shilpa Shetty and her husband, businessman Raj Kundra, must deposit Rs 60 crore—the sum linked to a cheating case—before their plea to travel abroad is considered. The couple faces allegations of defrauding Mumbai businessman Deepak Kothari of nearly Rs 60 crore through a loan-cum-investment deal involving their company, Best Deal TV Pvt Ltd.
The court, presided over by Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad, firmly stated that leisure trips cannot be permitted while the serious accusations of fraud and cheating remain unresolved.
The case stems from a complaint filed by Kothari, who alleges that between 2015 and 2023, Shetty and Kundra induced him to invest Rs 60 crore in their home shopping and online retail platform, only to misuse the funds for personal gain. A case was registered against the couple on August 14, 2025, at Juhu police station, prompting the issuance of a Look Out Circular (LOC) restricting their travel.
In response, Shetty and Kundra filed a petition seeking suspension of the LOC from October 2025 to January 2026 to fulfill professional commitments and a leisure trip to Phuket.
During the hearing, the couple’s lawyer emphasized their cooperation with the investigation, noting their appearances for questioning by the Mumbai police’s Economic Offences Wing (EOW). Shetty, questioned for over four hours at her residence on October 4, claimed she did not oversee the company’s operations, which she co-founded with Kundra. The court, acknowledging their cooperation as the reason for their non-arrest, demanded proof of professional engagements, such as invitations, to substantiate their travel needs.
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The High Court’s directive to deposit the full Rs 60 crore underscores the gravity of the allegations and the judiciary’s cautious approach. The matter is scheduled for further hearing on October 14, 2025, leaving the couple’s travel plans in limbo until the financial condition is met. This high-profile case continues to draw attention, highlighting the intersection of celebrity, business, and legal accountability in India’s financial landscape.
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