Archive · 6 Aug 2026
Bank to auction Rajpal Yadav's properties over unpaid loan
A famous movie actor named Rajpal Yadav needed money to make his own movie, so he borrowed a very large amount of money — over 16 crore rupees.
He borrowed it from a businessman and promised to pay it back no matter what happened with the movie.
The actor's wife even sent emotional messages asking the businessman to help them.
As a safety promise, the family gave some of their land and houses to the bank.
But the money was not paid back on time.
Because of that, the bank is now allowed to sell those houses and land to get its money back.
The bank will hold an online sale, called an auction, on September 9.
Some of the actor's other homes in Mumbai might also be sold.
The actor has not said anything about all this yet.
A bank is auctioning actor Rajpal Yadav's mortgaged properties in Shahjahanpur over an unpaid loan of ₹16.61 crore.
The loan was taken to finance Yadav's directorial debut, 'Aata Pata Lapata', from businessman Madhav Gopal Agrawal.
Agrawal said the agreement required repayment regardless of the film's box office performance, censor certification, or any other hurdle.
Properties pledged by Yadav's wife Radha and mother Godavari as guarantors are also being auctioned, with Mumbai properties reportedly in process.
The online auction is scheduled for September 9, and Yadav has made no official statement about the notice or the loan.
- Who
- Bollywood actor Rajpal Yadav, his family members as guarantors, businessman-lender Madhav Gopal Agrawal, and the bank conducting the auction.
- What
- The bank is auctioning Rajpal Yadav's mortgaged properties to recover an unpaid ₹16.61 crore loan taken to finance his directorial debut.
- When
- The online auction is expected to be held on September 9.
- Where
- Shahjahanpur, where farmland and houses were mortgaged, with some of Yadav's other Mumbai properties reportedly also being auctioned.
- Why
- Because the loan was not repaid despite an agreement that payment was due regardless of the film's performance or certification.
- Loan amount
- ₹16.61 crore
- Loan purpose
- Financing Rajpal Yadav's directorial debut 'Aata Pata Lapata'
- Lender
- Businessman Madhav Gopal Agrawal
- Auction date
- September 9 (online)
- Properties affected
- Farmland, a village house, and a city property in Shahjahanpur; Mumbai properties reportedly in process
- Guarantors
- Radha Yadav (wife) and Godavari Yadav (mother)
- Borrower's response
- No official statement from Rajpal Yadav