60 crore cheating case: Shilpa Shetty, Raj Kundra get lookout notice from Mumbai Police

Bollywood actress Shilpa Shetty and her husband Raj Kundra are under investigation after a lookout notice was issued against them in a Rs 60 crore fraud case. The Mumbai Police have issued a Lookout Circular (LOC) against the duo in the multi-crore scam.

According to an official cited by news agency PTI, the city police's Economic Offences Wing issued the LOC because of the couple's frequent international travel. The official also added that the Economic Offences Wing is investigating the matter on the



basis of the FIR lodged with the Mumbai Police. For the unversed, a case was registered against the duo at Juhu police station on August 14, 2025. 

Notably, Mumbai businessman Deepak Kothari has accused Shilpa Shetty and Raj Kundra of cheating the company out of Rs 60.4 crore. According to the complaint, that amount was provided between 2015 and 2023 as a loan and investment, but it was later allegedly utilised for personal needs. This case involves 'Best Deal TV Private Limited', a now-closed company.