5 Sep 2025: In a major development, authorities have issued a lookout notice against Bollywood actress Shilpa Shetty and businessman Raj Kundra in connection with a ₹60 crore fraud case, preventing them from leaving the country until the investigation is complete.
Case Details
The case involves allegations of financial fraud linked to an investment scheme operated by a company allegedly associated with Raj Kundra. Several investors have filed complaints accusing the couple of misappropriation of funds, promising high returns, and failing to deliver payouts.
According to sources, the Economic Offences Wing (EOW) of the Mumbai Police has been probing the matter for months. The lookout notice was issued after the couple allegedly failed to respond to multiple summons seeking their appearance for questioning.
Legal Implications
A lookout notice (LOC) is a preventive measure issued by investigative agencies to restrict the movement of individuals under investigation. With this notice in place, immigration authorities at airports and seaports are instructed to stop the individuals from traveling abroad.
Shetty and Kundra’s Response
Shilpa Shetty’s spokesperson has denied the allegations, stating that she is not directly involved in the company’s management and has been cooperative with investigators. Raj Kundra’s legal team has also termed the charges “baseless” and promised to present evidence clearing his name.
Background
Raj Kundra has faced legal scrutiny in the past, including his 2021 arrest in connection with a pornography-related case. However, this is the first major financial fraud case implicating both him and Shilpa Shetty together.
Impact on Bollywood and Public Reactions
The development has sparked a wave of reactions on social media, with fans expressing shock and demanding transparency in the case. Industry insiders believe the controversy could affect Shilpa Shetty’s upcoming projects and endorsements until the matter is resolved.
Next Steps
The EOW is expected to summon the couple again for detailed questioning in the coming weeks. If they fail to cooperate, further legal actions, including attachment of assets, could follow.
Summary
Authorities issue a lookout notice against Shilpa Shetty and Raj Kundra in a ₹60 crore fraud case. The couple cannot leave India until they appear before investigators for questioning.