Shilpa Shetty has once again found herself embroiled in a major controversy. While reports surfaced that her Bastian hotel and home in Mumbai were raided by the Income Tax department, the Economic Offences Wing (EOW) added Section 420 (cheating) to the case after finding some evidence in the ₹60 crore fraud case.
Raj Kundra has already reacted to the cheating allegations on his social media, denying the accusations against him. Now, actress Shilpa Shetty has finally broken her silence on the 'fraud' allegations, revealing the complete truth for the first time.
Shilpa said she had no authority.
Shilpa Shetty recently spoke openly about the ₹60 crore fraud allegations, saying, "I am deeply saddened that my name is being unnecessarily dragged into this matter. My association with this company was purely non-executive. I had no role in finance, decision-making, or any signing authority. Like many other celebrities, I only endorsed some products for the home shopping channel, within a professional capacity, for which I haven't even received my payment yet."
She gave a loan of ₹20 crore.
In this statement, Shilpa Shetty also clarified that she herself had given a loan. The actress said, "I want to put on record that as a family, we too had given the company a loan of approximately 20 crore rupees, but that money is also still outstanding. The way I am being targeted with criminal allegations after nine years of unwarranted delay is legally incorrect and against the principles of law.
Despite knowing all the facts, my name is being unnecessarily dragged into these proceedings repeatedly, which is both unfortunate and wrong. Such allegations not only distort the truth but also wrongly damage a woman's dignity, integrity, and reputation in the public domain.
A heartfelt message from a verse of the Bhagavad Gita
Shilpa Shetty expressed her anguish in her statement, saying, "As stated in the Bhagavad Gita, it is your duty to speak out against injustice, and if you fail to do so, it is itself unrighteousness. I have already filed a petition in the Honourable Bombay High Court. I have complete faith in the judicial process and will take legal steps to protect my rights and self-respect. I respectfully request the media to consider these facts and report them responsibly after verifying them."
Crime Branch reveals Rohit Shetty firing case: Accused posed as a mechanic and worked for Bishnoi gang
The Mumbai Crime Branch has now made significant revelations regarding the shooting incident at the home of renowned Bollywood producer-director Rohit Shetty. The Crime Branch has clarified that Rohit
Impact of new rules in Delhi: PUCC mandatory for fuel, long queues at testing centers; owners of BS-IV vehicles also facing problems.
From today, only vehicles complying with BS-6 emission standards are allowed entry into Delhi. Amidst news of a ban on dispensing fuel at petrol pumps without a valid Pollution Under Control (PUC)
IMD issues red alert; over 70 trains arriving in Delhi are delayed by up to 15 hours due to dense fog; see the complete list.
Dense fog enveloped the national capital, Delhi, on Monday morning. The India Meteorological Department (IMD) had issued an orange alert for Monday, which has now been upgraded to a red alert.
India's strength on display at AI Summit, PM Modi says world appreciates its capabilities
Prime Minister Narendra Modi said on Monday that the entire world praised India's potential at the recently concluded AI Impact Summit. The AI Impact Summit was held in the national capital last
These items, including earphones and chargers, will not be allowed at the Republic Day parade; if you make this mistake, you will not be granted entry.
Republic Day 2026: Like every year, preparations for Republic Day are in full swing in the capital, Delhi. Those planning to watch the Republic Day parade should keep a few important things in mind
'Ashamed of my son's mistake', says father of minor accused in Dwarka accident
I am ashamed of my son's actions. This mistake was made unknowingly. He, too, is a father and understands the pain of losing his child. He apologizes to the victim's family for his son's mistake. He
Salim Khan Health Update: How is Salim Khan doing? Doctor gives health update; reveals how he arrived at the hospital.
Bollywood actor Salman Khan's father, Salim Khan, is admitted to Lilavati Hospital, where doctors are constantly monitoring his health. Now, the latest update on Salim Khan's health has emerged.
Dhurandhar 2: 'Mad Genius...' South Indian Actors Become Fans of Hamza; Vijay Deverakonda and Allu Arjun Review the Film.
Aditya Dhar’s highly anticipated blockbuster sequel, Dhurandhar: The Revenge, has hit theaters today. Meanwhile, paid previews—which were released despite earlier cancellations due to
U-19 World Cup 2026: Team India receives 'Sachin's mantra' ahead of the match against Pakistan; victory is now guaranteed!
The Indian team is set to face Pakistan in the Under-19 World Cup, currently being played in Zimbabwe and Namibia. This Super Six match will be played on Sunday in Bulawayo. Considering the history
West Asia Crisis: 'If LPG is available in Russia, it will be purchased from there as well' — India expresses deep concern.
In light of the growing impact on energy supplies caused by the ongoing conflict in West Asia, India stated on Thursday that it is diversifying its sources of supply to meet the fuel-related needs of