Filmmaker Vikram Bhatt and his wife, Shwetambari Bhatt, received interim bail from the Supreme Court in the high-profile ₹30 crore fraud case. The matter is now scheduled for another hearing on February 19, 2026.
Mumbai / New Delhi, February 13, 2026 – The Supreme Court of India on Friday granted interim bail to prominent filmmaker Vikram Bhatt and his wife Shwetambari Bhatt in a ₹30 crore fraud and cheating case registered by the Rajasthan Police. The bench, led by Chief Justice of India Surya Kant, listed the matter for the next hearing on February 19, 2026.
The order comes after the Rajasthan High Court had earlier rejected the couple’s bail plea. The Bhatt couple have been in judicial custody since they were arrested by police on December 7, 2025 in Mumbai and subsequently brought to Udaipur for further proceedings.
Background of the Case
According to the chargesheet and FIR filed by Dr. Ajay Murdia, founder of Indira IVF, the Bhatt couple allegedly engaged in criminal breach of trust and cheating involving approximately ₹30 crore. Funds were reportedly provided for film production under promises of completing multiple movies, but the complainant claims that money was diverted through allegedly fake invoices and bills.
The Rajasthan Police arrested Vikram Bhatt, his wife Shwetambari, manager Mehboob Ansari and another associate, and charged them under various sections related to fraud and financial misconduct.
Supreme Court’s Ruling
During the hearing, the Supreme Court bench questioned the use of criminal proceedings as a tool for money recovery and observed that not every case warrants pre-trial detention. The court granted interim bail to the couple, noting that investigations were ongoing and evidentiary processes should proceed fairly.
Senior attorneys argued that the FIR was filed based on allegations without verifying supporting documents and asserted transparency in the transactions; however, the court asked that the couple cooperate fully with the ongoing investigation.
What’s Next?
The Supreme Court has adjourned the matter for a further hearing on February 19, 2026. Until then, Vikram and Shwetambari are on interim bail. Authorities continue their probe into the alleged financial irregularities and possible complicity of others linked to the case.
