Udaipur, Rajasthan, India – December 16, 2025 : Bollywood filmmaker Vikram Bhatt and his wife Shwetambari Bhatt were sent to judicial custody on Tuesday after their seven-day police remand expired in a high-profile Rs 30 crore fraud case. The Udaipur ACJM Court-4 rejected their bail application, citing ongoing investigations into allegations of cheating and misappropriation.
The couple was presented in court following the completion of remand granted on December 9. Bhatt’s lawyer argued for bail on health grounds, claiming deteriorating conditions for both accused, but the court dismissed the plea after hearing arguments from both sides.
This development stems from a complaint filed by Dr. Ajay Murdia, founder of Indira IVF and Indira Group of Companies. Murdia alleges that Bhatt and associates defrauded him of over Rs 30 crore under the pretext of producing films, including a biopic on his late wife. An initial Rs 42-47 crore contract was signed for four projects, but funds were allegedly diverted through fake vendors, with only partial work completed.
Udaipur Police arrested the couple from Mumbai on December 7, following an FIR registered on November 17 naming eight accused. Earlier arrests included co-producer Mehboob Ansari and a vendor. The Rajasthan High Court (Jodhpur Bench) has been monitoring the probe, summoning senior officers like Udaipur IG and SP virtually on December 15 over concerns of procedural haste.
Bhatt has challenged the FIR, arguing it’s a civil dispute, while police maintain it’s criminal fraud. The case continues to draw attention amid debates on its nature ahead of further High Court hearings.
Stay updated on the latest in the Vikram Bhatt fraud case, court proceedings, and potential bail appeals.
