Actor Shilpa Shetty has broken her silence regarding the ongoing investigation in an alleged Rs 60-crore fraud case, asserting that she has been unfairly implicated.

She clarified that her association with the company in question was limited and non-operational.

In a statement released by her team, Shetty said she was “deeply saddened” by what she described as a “baseless attempt” to link her to the matter. She emphasised that her role with the company was strictly non-executive, with no involvement in daily operations, finances, decision-making, or signing authority.

“I am deeply saddened by 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,” the statement read.

Shetty also revealed that her family had extended a substantial loan of nearly Rs 20 crore to the company, which remains unpaid.

“I want to put it on record that almost Rs 20 crore has been loaned to the company by us as a family, and the said amount remains unpaid. The mischievous attempt to impute criminal liability on me, particularly after an unexplained delay of nearly nine years, is legally unsustainable and contrary to settled principles of law,” she added.

Shetty expressed distress over her name being repeatedly dragged into the proceedings, calling it unjustified and damaging to her dignity, integrity, and reputation.

She confirmed that a quashing petition has already been filed before the Bombay High Court, expressing full faith in the judicial process and her intention to seek legal remedies to protect her rights.

Urging responsible media reporting, Shetty requested, “I respectfully request the media to take note of these facts and report responsibly by verifying the truthfulness of facts.”

Her husband, Raj Kundra, also denied the allegations. In a post on X, he called the claims “baseless and motivated” and said they were being given a criminal colour without 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,” he tweeted.

For context, in August 2025, a case was filed against Shilpa Shetty, Raj Kundra, and another individual by businessman Deepak Kothari, director of Lotus Capital Financial Services Ltd.

The complaint alleges that between 2015 and 2023, the couple allegedly obtained over Rs 60 crore under the pretext of expanding business operations but used the funds for personal expenses.