Bollywood actress Shilpa Shetty has strongly denied any involvement in the Rs 60 crore fraud case linked to the now-defunct home shopping platform, Best Deal TV Private Limited. The Mumbai Police recently added cheating charges against Shetty and her husband, Raj Kundra, following a complaint by businessman Deepak Kothari, who alleged that the couple misappropriated funds between 2015 and 2023.
Speaking publicly, Shilpa Shetty clarified that she only held a non-executive position in the company and had endorsed certain products professionally for which she is yet to receive payments. “I am deeply saddened by the baseless attempt to link my name to this matter. My association with the company was strictly non-executive, with no role in operations, finances, decision-making, or signing authority,” she said.
Shetty also emphasized that the couple had loaned nearly Rs 20 crore to the company, which remains unpaid. She described the allegations as “mischievous” and “legally unsustainable,” particularly after nearly nine years since the original complaint. She added that dragging her name into the case is “distressing and unjustified,” undermining a woman’s dignity and reputation in the public domain.
The police case was registered in August 2025 after Kothari alleged that the Shettys misused investment funds for personal gains. Raj Kundra reportedly stated that a portion of the Rs 60 crore was used to pay actors Bipasha Basu and Neha Dhupia. Shilpa Shetty has urged the media to report responsibly and confirmed that she will pursue legal remedies to protect her reputation.
The case has reignited discussions about the responsibilities of celebrity endorsers in business ventures and the legal accountability of directors and investors in corporate fraud.
