A well-known Bollywood director, a big name in the fertility biz, and a promised blockbuster biopic- the story has now ended in handcuffs.
The arrest and what's going on
Director Vikram Bhatt was arrested in Mumbai because of a fraud case involving around Rs 30 crore. The guy who made the complaint is Dr. Ajay Murdia, who started the Indira IVF chain.
The police from Rajasthan, with help from Mumbai cops, grabbed Bhatt and his wife, Shwetambari. They sought transit remand Udaipur, where the case was actually filed.
How a biopic became a dispute
According to the police report, Dr. Murdia wanted to make a movie about his late wife, Indira Murdia. Later on, he decided to make a bunch of movies with Bhatt's company.
Dr. Murdia says he put in over Rs 30 crore after being told he'd get back as much as Rs 200 crore from four movies. But he claims the movies either never started or didn't happen how they were supposed to.
Allegations of fake bills and siphoned funds
The police and the complaint say that fake bills and made-up documents were used to move money out of the movie project. As per police, money was sent to people who weren't even working on the films, and about Rs 30 crore may have been taken under the excuse of production costs.
Vikram Bhatt’s side of the story
Bhatt is saying he didn't do anything wrong. He's calling the police report not true and that the police have wrong info. He claims somebody faked documents and that all this is just a disagreement over the money from the movies and the charges are all lies.
What happens next
The police are saying this is a cheating and conspiracy case, and if they get to keep questioning Bhatt depends on what the court in Rajasthan says. The cops are checking contracts, where the money went, and if the movies were actually being made. This legal fight between the director and the IVF guy is going to get serious in the next few weeks.
