Amid Rs 60 crore fraud case, Shilpa Shetty’s lawyer denies income tax raid at her residence: ‘Routine verification’ | Bollywood News

Shilpa Shetty and her husband Raj Kundra are currently under investigation in connection with a Rs 60 crore fraud case. Amid the ongoing probe, reports recently surfaced claiming that Income Tax officials had conducted a raid at Shilpa’s Mumbai residence. These claims, however, have now been categorically denied her legal counsel. According to a report Hindustan Times, Shilpa Shetty’s advocate, Prashant Patil, issued a statement on Thursday clarifying that no Income Tax raid had taken place. He asserted that what occurred was a routine verification tax authorities and not an enforcement action linked to the case.
“On behalf of my client Mrs Shilpa Shetty Kundra I can confirm that there is no Income Tax ‘ Raid ‘ of whatsoever nature against my client. There is a routine verification the income tax officials pertaining to follow up with my client Mrs Shilpa Shetty Kundra,” Prashant said. He further warned against misinformation, adding, “Whomsoever has mischievously claimed in public domain that these developments have anything to do with the alleged Economic Offence Wing case shall face legal consequences before the appropriate court of law. At the cost of repetition, my client Mrs Shilpa Shetty Kundra states that there is no income tax ‘ RAID ‘ at her place.”
The speculation around an alleged raid emerged shortly after Bengaluru police booked two pubs, including Bastian Garden City, co-owned Shilpa Shetty, for reportedly operating beyond permitted hours. The pub came under the scrutiny of investigative authorities following a late-night brawl on Saturday. As of details surrounding the fraud case involving the celebrity couple, businessman Deepak Kothari, director of Lotus Capital Financial Services Ltd, filed a complaint accusing Shilpa and Raj of cheating him in a loan-cum-investment deal amounting to Rs 60 crore. Based on the complaint, Mumbai Police’s Economic Offences Wing (EOW) regered an FIR against the couple on Wednesday.
According to Kothari’s lawyer, the EOW found material evidence during its preliminary inquiry that justified the charges. An official confirmed that the case was initially regered under Section 406 of the Indian Penal Code (criminal breach of trust). Following further investigation, Section 420 (cheating and dishonestly inducing delivery of property) was subsequently added. The case was regered under the IPC as it predates the implementation of the Bharatiya Nyaya Sanhita (BNS). Statements from both Raj and Shilpa have already been recorded the EOW.
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Raj has publicly rejected the allegations, calling them unfounded. In a post on X, he wrote, “We categorically deny the baseless and motivated allegations being circulated. The issues sought to be raised are being given a criminal colour without any lawful basis. A Quashing Petition has already been filed before the Hon’ble High Court and is pending adjudication. Having fully cooperated with the investigation, we are sanguine that justice will prevail and have complete faith in the law enforcement authorities and the Indian judiciary. We respectfully urge the media to exercise restraint as the matter is sub judice.”

We categorically deny the baseless and motivated allegations being circulated. The issues sought to be raised are being given a criminal colour without any lawful basis. A Quashing Petition has already been filed before the Hon’ble High Court and is pending adjudication. Having…
— Raj Kundra (@onlyrajkundra) December 16, 2025
Shilpa Shetty also released a statement, dancing herself from the allegations. As per ANI, the statement read, “I am deeply saddened the baseless attempt to link my name to this matter. My association with the company was strictly in a non-executive capacity, with no role in its operations, finances, decision-making, or any signing authority. In fact, like several other public figures, I had endorsed certain products for the home shopping channel, in a professional capacity, for which payments due to me remain outstanding,”
Expressing concern over the impact on her public image, she added, “my name continues to be unnecessarily dragged into the proceedings, which is both dressing and unjustified. Such unwarranted allegations not only misrepresent facts but also result in a woman’s dignity, integrity, and reputation being unfairly trampled upon in the public domain.”