
The Mumbai Police’s Economic Offences Wing (EOW) has intensified its investigation into Bollywood actress Shilpa Shetty and her husband, businessman Raj Kundra, by invoking IPC Section 420 (cheating). The case pertains to an alleged ₹60-crore fraud involving their now-defunct company, Best Deal TV. While the EOW claims to have gathered key evidence regarding the diversion of investor funds for personal use, the couple has issued a public statement dismissing the allegations as “baseless and motivated,” maintaining that the dispute is purely civil in nature.