“FIR has been registered in Bhiwandi police station against Shetty and Kundra under sections 406 (criminal breach of trust), and 420 (cheating) of IPC,” Deputy Commissioner of Police Manoj Patil was quoted as saying.
The FIR was filed after a Bhiwandi textile unit owner alleged that the couple collected the amount on his behalf but did not pay him, a police official said. Raj and Shilpa have been battling on another front since Best Deal TV temporarily suspended its services in a bid to recuperate from the effects of demonetization. Employees of the Shilpa and Raj owned-home shopping channel have alleged that their dues haven’t been cleared.
Raj Kundra, who continues to be on the board of directors with a 63 percent stake in the company along with Shilpa Shetty Kundra, had sent his resignation via email on December 15. “I would like to officially resign as CEO of Best Deal TV. The shopping portal, which had discontinued advertisements and promotions soon after the suspension in December, has not kicked off services again.