Vikram Bhatt and His Wife Jailed in Rs. 30 Crore Film Fraud Case

Filmmaker Vikram Bhatt and Shwetambari Soni Denied Bail Over Alleged Fake Bill Scam

Vikram Bhatt, a renowned filmmaker, and his wife Shwetambari are reportedly arrested in a film fraud case involving approximately Rs. 30 crore. They were both sent to judicial custody on Tuesday.

The couple requested an interim bail on medical grounds which was denied by the court. According to the news agency ANI, DSP Suryaveer Singh stated that they both will be sent to the Central Jail in Udaipur. 

The Rs. 30 Crore Biopic Controversy and Fake Billing Allegations

The case involves Dr. Ajay Murdia, the founder of Indira IVF, who filed an FIR against Vikram Bhatt and his wife. Ajay Murdia claimed he was promised four movies, including a biopic of his deceased wife, for an investment of Rs. 47 crore. The complainant also claimed that he was promised profits ranging between Rs. 100-200 crore in return for his investments in movies. However, it was found that he and his wife were able to siphon off Rs. 30 crore by preparing fake bills and accounts.

Police noted that funds were diverted to mule accounts and then transferred to Shwetambari’s personal bank accounts. The probe by Udaipur police has found that the accused prepared fake documents (bills of fake vendors) with the intention of cheating. While the defense calls this a simple accounts mismatch, the presence of inflated salary vouchers suggests a pre-planned financial deception.

This case uniquely highlights a growing trend where Bollywood's "glamour equity" is used to entice high-net-worth professionals into loosely structured production deals that lack traditional corporate transparency.

Court Rejects Interim Medical Bail Plea for the Bhatt Couple

After their seven days of police remand, the filmmaker and his wife were taken to the Udaipur court. Their lawyer applied for temporary relief because the accused requires some necessary medical aid. According to lawyer Manzoor Hussain, the accused couple needed an urgent discharge for their medical issues.

Despite the plea, the court denied the request and sent them to the Central Jail. The judge emphasized that the accusation involving the diversion of Rs. 30 crore via fake companies necessitated judicial supervision. DSP Suryaveer Singh confirmed the duo would continue being held in judicial custody as the investigation into the financial trail continues.

Most reports overlook that this rejection signals a judicial shift; courts are increasingly wary of medical bail in white-collar crimes involving digital forgery. This stance ensures that celebrity status does not grant an easy exit when substantial public or private wealth is allegedly misappropriated.