Filmmaker Vikram Bhatt and his wife have reportedly been arrested in connection with a Rs 30 crore fraud case, sending shockwaves across the film industry. According to initial reports, the couple has been taken into custody after a complaint was filed alleging large scale financial misappropriation and breach of trust.

The case revolves around accusations that Bhatt and his wife were involved in a high value scam related to a business deal that allegedly went wrong. The complainant claims that substantial funds were taken under false assurances, and despite repeated follow ups, the promised returns or deliverables were never fulfilled. Following the complaint, authorities initiated an investigation, leading to the filmmaker’s arrest.

Sources suggest that the probe is now examining financial transfers, contractual agreements and communication records to establish the extent of the alleged fraud. More individuals associated with the dealings may also be questioned as the investigation deepens.

Vikram Bhatt, known for films like Raaz, 1920 and Kasoor, has yet to issue an official statement regarding the allegations. The arrest has stirred significant discussion within the industry, with many awaiting clarity on the legal developments and the filmmaker’s stand.

Further details are expected as the investigation progresses and the case unfolds in court.