- This order comes after the petition, in which the couple had sought cancellation of the lookout circular issued in the FIR case related to the alleged fraud of Rs 60 crore
Shilpa Shetty’s troubles do not seem to be ending. Today, the Bombay High Court heard the case of alleged fraud of Rs 60 crore involving Shilpa Shetty and Raj Kundra. The Bombay High Court has told actress Shilpa Shetty and her husband Raj Kundra that if they want to travel to Los Angeles and other foreign countries, they will have to deposit Rs 60 crore first. This order comes after the petition, in which the couple had sought cancellation of the lookout circular issued in the FIR case related to the alleged fraud of Rs 60 crore.
The next hearing of the case will be on October 14, 2025. The court’s condition comes at a time when the Mumbai Police’s Economic Offences Wing (EOW) is investigating an alleged fraud case of ₹60 crore. Sources say the couple had sought permission from the court to travel to Los Angeles for business and personal travel, but the bench made it clear that the trip could not be made without a hefty security deposit.
The matter came to light in August. Deepak Kothari, a businessman and director of Lotus Capital Financial Services Limited, had filed a complaint accusing Shilpa Shetty and Raj Kundra of fraud of over ₹60 crore. According to Kothari’s statement, the incidents took place between 2015 and 2023. He claimed that the couple approached him seeking a loan of ₹75 crore for their company, Best Deal TV Private Limited, which was started to promote lifestyle products and run an online shopping platform.
It was initially believed to be a loan at an interest rate of 12%. However, Shilpa Shetty and Raj Kundra allegedly convinced him to convert it into an investment, promising monthly returns and full repayment of the principal amount. Kothari claimed that he transferred ₹31.96 crore in April 2015 and ₹28.53 crore in September the same year. He now says that the money was used for personal expenses and not for business expansion.
