Vikram Bhatt, Wife Accused of Fraud Involving Fake Invoices and Film Promises

Vikram Bhatt and Wife Arrested in ₹30 Crore Fraud Case

Rajasthan Police arrested the couple from Mumbai on December 7, 2025, and transferred them to Udaipur. An Additional Chief Judicial Magistrate court placed them under seven-day police custody before denying interim bail. Authorities later sent the couple to Central Jail, Udaipur, as investigation into their alleged crimes continued. Police confirmed that the high-profile case involved extensive document verification, bank transactions, and coordination with legal authorities. The case names Vikram Bhatt, his wife, and six others accused of defrauding Dr Ajay Murdia. Dr Murdia, founder of Indira Group of Companies in Udaipur, reportedly lost nearly ₹30 crore.

Police said the accused promised Dr Murdia profits worth ₹200 crore from multiple film projects.The doctor planned a biopic on his late wife and trusted the couple due to reputation. Investigators confirmed the accused allegedly used false documents, manipulated invoices, and diverted funds systematically. The ₹47 crore agreement began in May 2024, with initial installments paid to the filmmakers. The first two films reached partial completion, but the remaining two never materialized or released publicly. Police revealed the accused promised Dr Murdia production of four films, including the biopic of his wife.

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Four-Film Promise, Fake Bills, and Investigation Progress

Investigators estimated the accused siphoned approximately ₹30 crore before the doctor reported the fraud to police. Police continue collecting evidence, including bank records, contracts, and digital communication between Bhatt and Dr Murdia. Investigators interviewed witnesses and film staff, confirming discrepancies in production and financial records of the accused. Authorities traced multiple transactions and verified fraudulent bills to quantify the alleged misappropriated funds accurately. Police emphasized the investigation targets all seven accused, examining cheating, forgery, and deliberate financial manipulation.

Officials confirmed the investigation involves forensic audits and coordination with cyber experts for thorough documentation of evidence. The court denied interim bail, keeping Bhatt and his wife in judicial custody during investigation proceedings. DSP Suryaveer Singh confirmed the couple will remain in Udaipur Central Jail until further hearings. Public attention increased due to the celebrity status of the accused and the high financial stakes. Authorities urged patience while investigation continues, warning against spreading unverified claims in media or social platforms. Police will present full evidence in court, ensuring accountability, compensation, and justice for the victim.

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