Shilpa Shetty's Bandra restaurant Bastian to shut down amidst reports of Rs 60 crore fraud case

Actor-entrepreneur Shilpa Shetty's well-known restaurant in Mumbai, Bastian Bandra, will close this week. The announcement is being made at a time when the actress and her husband, Raj Kundra, are facing accusations of defrauding a businessman of over Rs 60 crore in a loan-cum-investment deal that took place between 2015 and 2023.

Shilpa shared the news on her Instagram stories on Tuesday. She stated in her post that the restaurant would close on Thursday. In a heartfelt note, the actress expressed her feelings without providing a specific explanation for the closure.

“This Thursday marks the end of an era as we bid farewell to one of Mumbai's most iconic destinations — BASTIAN BANDRA. A venue that gave us countless memories, unforgettable nights, and moments that shaped the city's nightlife now takes its final bow,” she wrote.

Shilpa further assured everyone that the restaurant's legacy will continue in some other form. “To honour this legendary space, we're curating a very special evening for our closest patrons — a night filled with nostalgia, energy, and magic, celebrating everything Bastian has stood for one last time. While we say goodbye to BASTIAN BANDRA, our Thursday night ritual Arcane Affair will continue next week at BASTIAN AT THE TOP, carrying forward the legacy in a brand-new chapter with brand new experiences,” she added.

In 2016, Shilpa and restaurateur Ranjit Bindra co-owned Bastian, which opened for business. It soon gained popularity among Bollywood celebrities as a hangout, and its star-studded clientele frequently brought it into the spotlight. The restaurant continued to attract the city's elite clientele after being moved and reopened in Bandra in 2023.

But the actress's legal issues are getting worse at the same time as the closure. Mumbai businessman Deepak Kothari has accused Shilpa and Raj of defrauding him in a loan and investment scheme linked to the now-defunct Best Deal TV Pvt Ltd, according to an IANS report. He alleges that more than Rs 60 crore was stolen from him.

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Prashant Patil, the couple's attorney, responded to the accusations in a statement, calling them "baseless" and stating that the truth would eventually be revealed.

As one of Mumbai's most well-known celebrity-frequented restaurants gets ready to serve its final patrons, Bastian's admirers and patrons are currently devastated.