Bollywood star Shilpa Shetty’s husband, Raj Kundra, is facing fresh troubles. Authorities are now calling in one of his close associates for questioning. This marks another twist in the fraud case against Kundra, which involves a staggering 60 crore rupees.
The Economic Offenses Wing (EOW) has sent a summons to Rajendra Bhutada, who works as Kundra’s resolution professional. Simply put, Bhutada handles many of Kundra’s business affairs. He is expected to face questions from the EOW on September 25 about this serious fraud allegation.
What’s Been Happening?
This isn’t the first time the police have looked into Kundra and Shetty. Not long ago, the EOW issued a “Look Out Circular” for both of them. This was to get details on their travel history and movements. An auditor from the National Company Law Tribunal (NCLT) was also called in for questioning earlier in this case. The investigation seems to be picking up speed with these new developments.
Mumbai Police’s Economic Offences Wing (EOW) has summoned Kundra’s resolution professional, Rajendra Bhutada, for questioning on September 25 in connection with a Rs 60 crore fraud case: EOW
— ANI (@ANI) September 23, 2025
The Heart of the Matter
The entire case started when a complaint was filed at the Juhu police station in Mumbai. The director of Lotus Capital Financial Services brought the charges. They claim that between 2015 and 2023, they invested 60.48 crore rupees into Best Deal TV Private Limited. This company belongs to Shilpa Shetty and Raj Kundra. However, the director alleges that Kundra and Shetty did not use this money for the company’s growth. Instead, they supposedly spent it on themselves, which forms the basis of the fraud accusations.