The legal troubles for Shilpa Shetty and her husband Raj Kundra seem far from over. The Bombay High Court has made an oral remark for the couple to deposit Rs 60 crore before they can get permission to travel abroad.
The next date of court hearing in the case is October 14th, 2025.
The court’s condition comes amid an ongoing probe by the Mumbai Police Economic Offences Wing (EOW) into an alleged cheating case worth Rs 60 crore.
Sources say the couple had sought court approval to visit Los Angeles for a business and personal trip, but the bench made it clear — no travel without a hefty security deposit.
The move has sparked buzz in both legal and entertainment circles, given the ongoing investigation against the celebrity duo.
The Rs 60 crore cheating case
The trouble began in August when a businessman, Deepak Kothari, the director of Lotus Capital Financial Services Ltd., filed a complaint alleging that Shilpa Shetty and Raj Kundra had cheated him of over Rs 60 crore.
According to Kothari’s statement, the incidents took place between 2015 and 2023. He claimed the couple approached him seeking a Rs 75 crore loan for their company, Best Deal TV Pvt Ltd, which was launched to promote lifestyle products and run an online shopping platform.
Initially, it was supposed to be a loan at 12% interest. 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 he transferred Rs 31.95 crore in April 2015 and another Rs 28.53 crore in September that year — money that he now says was used for personal expenses instead of business expansion.
Long interrogation and Look Out Circular
In September, the EOW issued a Look Out Circular (LOC) against both Shilpa Shetty and Raj Kundra, preventing them from leaving the country without prior approval. Last week, Shilpa Shetty was questioned for over four hours by the EOW, though the exact details of her involvement remain unclear.
An officer from the Economic Offences Wing confirmed, “We have recorded statements of five people, including Raj Kundra. The investigation is still underway, and we are verifying financial trails linked to the alleged fraud.”
With the court now demanding a Rs 60 crore deposit, the couple’s planned trip abroad looks uncertain — and their legal troubles, far from over.
Also read: Deepika Padukone trolled for wearing hijab in Abu Dhabi ad, fans defend her cultural respect
FAQs
1. Why did the Bombay High Court ask Shilpa Shetty and Raj Kundra to deposit Rs 60 crore?
The High Court directed them to deposit Rs 60 crore as a precondition to consider their request for permission to travel abroad.
2. What is the cheating case about?
A businessman, Deepak Kothari, accused Shilpa Shetty and Raj Kundra of cheating him of Rs 60 crore through a fraudulent investment deal in their company, Best Deal TV Pvt Ltd.
3. Are Shilpa Shetty and Raj Kundra allowed to travel now?
Not yet. They must first deposit Rs 60 crore as directed by the Bombay High Court before their travel plea is considered.
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