Filmmaker Vikram Bhatt arrested in a ₹30 crore film investment fraud case; complainant alleges unfinished projects while Bhatt calls the FIR misleading.

New Delhi: Rajasthan Police have arrested filmmaker Vikram Bhatt following allegations that he was involved in a ₹30 crore investment fraud related to film and documentary projects. The case originates from a complaint lodged by Dr. Ajay Murdia of Udaipur.

Rajasthan Police quickly began their investigation and registered the fraud case at Bhupalpura police station in Udaipur. Dr. Murdia, who founded Indira IVF, says he invested about ₹30 crore in four films and documentaries. He says the team convinced him by promising returns of up to ₹200 crore. He paid the money in different phases. But according to the FIR, work on some projects stopped midway, and even completed projects did not include the credits and recognition he expected.

The case names eight people, including Vikram Bhatt, his wife Shwetambari Bhatt, his daughter Krishna Bhatt, and partners like Mehboob Ansari and Dinesh Kataria. Police are examining contracts, financial documents, and communication related to the deals. Officers have already arrested co-producer Mehboob Ansari and Mumbai vendor Sandeep Trilobhan. A Udaipur court has sent both of them to police custody. Police sources say more arrests may follow as the investigation moves forward.

Bhatt has rejected all allegations. He says the FIR shows the wrong picture and misleads the police. “I have read the FIR, and it is completely misleading. The police have been given false stories. The details in the FIR are totally wrong,” Bhatt said in an interview. He claims someone used fake and forged documents to influence the authorities. He also says the complainant stopped funding suddenly, which caused work on the projects to stop. Bhatt says he has strong evidence to support his version and will fully cooperate with the investigation. He is ready to submit all documents needed.

As the case continues, the situation highlights the risks involved in big-money film investments. Bhatt says he will fight to clear his name as the legal case grows.