Vikram Bhatt Shwetambari Fraud Case: Couple Sent to Judicial Custody in Rs 30 Crore Case

Vikram Bhatt–Shwetambari Rs 30 Crore Fraud Case: Court Sends Couple to Judicial Custody

Filmmaker Vikram Bhatt and his wife Shwetambari have been remanded to judicial custody in connection with an alleged Rs 30 crore fraud case, following a court order in Udaipur on Tuesday. The decision came after the court rejected their request for interim bail sought on medical grounds.

According to officials, the couple was produced before the court after completing their police remand period. Their legal team had sought temporary release, citing the need for medical treatment, but the court declined the plea and directed that both accused be placed in judicial custody.

Police authorities confirmed that Vikram Bhatt and Shwetambari have now been shifted to Central Jail, Udaipur, where they will remain as the investigation continues. Officials stated that further legal proceedings will depend on the progress of the probe and upcoming court hearings.

The couple was arrested earlier this month in Mumbai and later brought to Udaipur for questioning. They were initially placed under police custody to facilitate investigation into the alleged financial irregularities. With the completion of that custody period, the court has now ordered their detention under judicial supervision.

Background of the Case

The case stems from a complaint filed by Udaipur-based businessman Dr Ajay Murdia, founder of the Indira Group of Companies. Investigators allege that the dispute involves financial transactions linked to a proposed biographical film project that failed to materialise. Authorities claim that the complainant suffered significant financial losses as a result.

Police officials have reiterated that the investigation is ongoing and that additional evidence and statements are being examined. No further relief has been granted to the accused at this stage.