Bollywood star Shilpa Shetty has shut down her popular Mumbai restaurant Bastian Bandra amid a major cheating scandal. The closure comes weeks after Shetty and her husband Raj Kundra faced charges of defrauding a businessman of Rs 60 crore in a loan deal gone wrong.
Restaurant Shutdown Sparks Questions
Shilpa Shetty shared the news on her Instagram stories, marking Thursday as the final day for Bastian Bandra. She called it the end of an era for the spot known for lively nights and great food.
The restaurant, co-owned by Shetty and restaurateur Ranjit Bindra, opened in 2016 and quickly became a go-to place for seafood lovers in Mumbai. Fans and regulars expressed sadness online, sharing memories of meals and events there.
Shetty promised a special farewell event for close patrons, filled with nostalgia and energy. She also mentioned that weekly rituals like Arcane Affair will move to another Bastian location at the top.
Background on Bastian Bandra Success
Bastian Bandra stood out in Mumbai’s busy dining scene with its fresh seafood menu and stylish vibe. It drew celebrities, foodies, and families for years, boosting Shetty’s image as a business-savvy actress.
Over time, the restaurant expanded its offerings, including revamps in 2023 that added new dishes and decor. This helped it stay popular even as new eateries popped up in Bandra.
Many reviews praised its ambiance and service, making it a symbol of upscale casual dining. The closure now leaves a gap in the local food landscape.
Shetty’s involvement went beyond ownership; she often promoted it on social media, tying it to her fitness and wellness brand.
Details of the Rs 60 Crore Cheating Allegations
The fraud case surfaced in August 2025 when Mumbai police booked Shetty, Kundra, and an unknown person. Businessman Deepak Kothari claimed they cheated him out of Rs 60.4 crore through a loan-cum-investment deal.
Kothari said he gave the money between 2015 and 2023 for business expansion via their company, Best Deal TV Pvt Ltd. Instead, he alleges the funds went to personal expenses.
The Economic Offences Wing is handling the probe, gathering evidence on financial flows. This adds to past legal troubles for Kundra, including earlier scams and arrests.
Here is a quick timeline of key events in the case:
| Date | Event |
|---|---|
| 2015-2023 | Kothari invests Rs 60.4 crore in Shetty and Kundra’s company |
| August 14, 2025 | Police file case based on Kothari’s complaint |
| October 4, 2024 | NCLT Mumbai rules on related civil matter (noted in defense) |
| September 3, 2025 | Restaurant shutdown announced amid ongoing probe |
Shetty and Kundra Deny All Claims
The couple’s lawyer quickly responded, calling the accusations baseless and part of a civil dispute already handled by courts. He stressed that the company faced financial issues leading to liquidation.
They provided documents like cash flow statements to police over the past year. The defense argues this is an attempt to tarnish their reputation without real criminal proof.
Kundra has faced scrutiny before, but supporters point to his business ventures in tech and entertainment. Shetty continues her acting and yoga work, staying positive publicly.
- No criminal charges have stuck in past cases against Kundra.
- The couple claims full cooperation with investigators.
- Legal experts say such disputes often resolve outside court.
How This Affects Shilpa Shetty’s Empire
The scandal and shutdown hit at a tough time for Shetty, who skipped recent Ganesh Chaturthi events due to family matters. Fans worry about her stress levels amid the spotlight.
Her business portfolio includes wellness apps, clothing lines, and other eateries. Analysts say this could dent investor confidence but note her strong fan base might help recovery.
In Mumbai’s competitive market, closing Bastian Bandra opens doors for rivals. Yet, Shetty’s move to shift events shows plans to keep the brand alive elsewhere.
What Fans and Industry Say
Social media buzzed with reactions, from shock to support for Shetty. Some see the closure as unrelated to the case, blaming rising costs in Bandra.
Industry insiders speculate on future ventures, like expanding other Bastian spots. Shetty’s emotional posts about family and festivals add a personal layer to the story.
This event ties into broader trends of celebrity businesses facing legal hurdles in India. Recent cases with other stars highlight risks in mixing fame and finance.
Share your thoughts on Shilpa Shetty’s restaurant closure and the fraud case in the comments below. Did you ever visit Bastian Bandra? Spread the word by sharing this article with friends who follow Bollywood news.
