8 months ago
Vikram Bhatt Jailed in IVF Business Fraud Case
Dr. Ajay Murdia, the founder of Indira IVF, accused filmmaker Vikram Bhatt and others of cheating him out of Rs 44.70 crore.
Murdia wanted to make a film about his work and his late wife, Indira.
He invested money in two films, but they didn't do well, and he claims the money was misused.
Bhatt and others are now in jail, and the court says the investigation is fair.
Bhatt's lawyer says it's a misunderstanding and the films just didn't succeed.
Dr. Ajay Murdia, founder of Indira IVF, accused Vikram Bhatt and others of fraud amounting to Rs 44.70 crore.
Murdia invested in two films, including a biopic titled Tumko Meri Kasam, which flopped.
Bhatt and others were arrested on December 7, 2025, and are currently in Udaipur jail.
The court rejected the accused's petition to quash the FIR, stating the investigation is fair.
Bhatt's lawyer claims the case is a breach of contract and not criminal fraud.
- Who
- Dr. Ajay Murdia (Complainant), Vikram Bhatt, Shwetambari, Dinesh Kataria, Mehboob Ansari (Accused)
- What
- Alleged fraud in film investment amounting to Rs 44.70 crore
- Where
- Udaipur, Rajasthan
- When
- FIR filed on November 8, 2025; Arrests on December 7, 2025
- Why
- Dr. Murdia alleges fraud in film production investment; Bhatt's lawyer claims breach of contract
Key facts
- Complainant
- Dr. Ajay Murdia (Founder of Indira IVF)
- Accused
- Vikram Bhatt, Shwetambari, Dinesh Kataria, Mehboob Ansari
- Alleged Fraud Amount
- Rs 44.70 crore
- Films Involved
- Tumko Meri Kasam (Biopic), Another Unnamed Film
- Film Budget
- Rs 15 crore (Biopic), Rs 3 crore (Second Film)
- Film Collections
- Rs 65 lakh (Combined)
- Arrest Date
- December 7, 2025
- Current Status
- Accused in Udaipur Jail
Quotes
Kamlesh Dave
Filmmaker Vikram Bhatt's lawyer
“Police action was done in a hasty manner in this particular case. There are set procedures in the BNSS which were not duly followed”
theprint.in
“Every payment was made in the knowledge of both parties. There were no such fake or bogus bills. The agreement was done to make two films first and another two on rolling finance. We are going to raise all issues before the court on January 12”
theprint.in
Manzoor Hussain
Ajay Murdia's lawyer
“In March 2024, Dr Murdia met Vikram Bhatt and Shwetambari in Mumbai. Bhatt proposed two films initially and later convinced him to fund two more”
theprint.in
“They generated fake bills and vouchers. Kataria approved them, and payments were made. In total, bills amounting to Rs 44.27 crore were cleared”
theprint.in
DSP Chagan Rajpurohit
Investigating Officer (IO)
“We have collected evidence from the filmmaker’s locations in Mumbai. Some bills have also been found. We are ascertaining their veracity. The filmmaker’s team did not fully cooperate in the investigation”
theprint.in
Sources
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