Shilpa Shetty issues official statement in Best Deal TV case

December 19, 2025

Mumbai, Dec19 : Bollywood actress Shilpa Shetty Kundra has issued a strong official statement denying any wrongdoing and rejected attempts to link her to criminal allegations related to the ongoing legal matter involving Best Deal TV Pvt Ltd, a now-defunct company.

“Deeply saddened by the baseless attempt to…”: Shilpa Shetty breaks silence on alleged Rs 60 crore fraud case

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Denial of Allegations

In her statement, Shetty called the reports linking her name to the case “baseless and motivated” and emphasized that any suggestion of criminality is factually incorrect and legally unsustainable. She reiterated her complete cooperation with authorities and urged the media to exercise restraint since the matter is sub judice (under judicial consideration).

No Income Tax Raid

Responding to recent media reports claiming an Income-Tax raid at her Mumbai residence, Shetty’s legal representative clarified that no such raid took place. Instead, officials conducted a routine tax verification, and any linkage of this action to the Best Deal TV case is unfounded.

Background of the Best Deal TV Case

The case stems from a complaint by a Mumbai-based businessman alleging that approximately ₹60 crore was invested in Best Deal TV Pvt Ltd between 2015 and 2023, with claims that the funds were not repaid as agreed. The Mumbai Police’s Economic Offences Wing (EOW) is investigating the matter.

Shetty and her husband Raj Kundra previously faced questioning by the EOW, including hours of recorded statements. There were earlier reports of a lookout notice issued as part of the probe.

Legal Proceedings and Court Action

Shetty and Kundra have filed a quashing petition before the Bombay High Court seeking to challenge aspects of the case, asserting that the allegations contain “false and distorted facts.” The legal process is ongoing, and both have stated they are confident that justice will prevail.

Public and Media Attention

The case has drawn significant media coverage due to the involvement of a high-profile celebrity couple. Shetty’s official statement seeks to clarify her position, emphasizing that her role with Best Deal TV was not operational or executive in nature.