Filmmaker Vikram Bhatt and his wife Shwetambari Bhatt were arrested on December 7, 2025, in connection with a Rs 30-crore fraud case filed by Dr. Ajay Murdia, founder of the IVF chain Indira IVF. The FIR, registered at Bhupalpura police station in Udaipur, alleges that Vikram Bhatt, his wife, their daughter, and several associates convinced Dr. Murdia to invest over Rs 30 crore in multiple film projects, including a biopic based on his late wife’s life. The promoters reportedly promised returns up to Rs 200 crore.
According to the complaint, while initial investments were disbursed in instalments, many projects stalled midway, and some films released without providing Dr. Murdia the agreed credits or financial returns. The FIR names eight accused, including Vikram Bhatt, Shwetambari Bhatt, their daughter, a co-producer, and additional intermediaries. Vikram Bhatt has strongly denied the allegations, calling the FIR “misleading” and suggesting some submitted documents may be forged.
He stated he was unaware of the complaint until recently and claimed production halted only after Dr. Murdia stopped funding. Bhatt said he possesses “proof, including contracts and communications,” to establish his innocence.Rajasthan and Mumbai police investigators are currently examining bank statements, contracts, and communications related to the alleged investments and film projects. Authorities have indicated that further arrests may be made as the investigation progresses.
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Filmmaker Vikram Bhatt and wife arrested by Rajasthan police in 30 crore fraud case https://t.co/LqGnNIIg4C
