Shilpa Shetty Raj Kundra
Image Source - Instagram

Sachin Joshi, a non-resident Indian (NRI), lodged a complaint in the Khar police in March stating that he had been cheated by Satyug Gold Pvt Ltd, a gold trading company formerly headed by Shilpa Shetty and Raj Kundra, a police official said, as per a report in PTI. As per his complaint, he had purchased nearly a kilo of gold for Rs 18.58 lakh from the company in a gold scheme in March 2014. It was a five-year plan and he was promised that a certain quantity of gold would be redeemable at the end of the term. His term plan ended on March 25, 2019, and when he tried to redeem the card, he found that the company had shut down.

Shilpa called these allegations by Joshi ‘false’ and ‘baseless’. She told IANS, “All these allegations made by Sachiin Joshi are completely false and baseless. At Satyug Gold, each and every client’s orders have been fulfilled in time. We have even deposited 1kg gold for which Sachiin Joshi is yet to pay the demurrage charges legally applicable. Not many know, we also have a cheque bouncing case in court against this serial defaulter. If we didn’t wish to give him the gold, we would not have it deposited it in court. The court has now appointed an arbitrator where we have presented the charges that are due and clearly mentioned on the invoice and website. The truth will be out real soon.”

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Earlier in March, Raj wrote in his statement that ‘Sachi Joshi is totally false and frivolous’. He said, “It is to state that the claims made by the so-called NRI or Gutka Baron’s son (as the media terms him) namely Mr. Sachin Joshi is totally false and frivolous. I would like to clarify the news doing the rounds and blatantly picked up by other news agencies without verifying the facts with other parties involved. This act of Mr. Sachin Joshi is yet another attempt to malign and tarnish my image and reputation in the country. He has made several attempts before earlier so this is nothing new.”

As Shilpa has said that ‘truth will be out soon’, we are also waiting for the same.

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