Rajpal Yadav, who was recently in the news headlines for a cheque bounce case over non-payment of loans worth around Rs 9 crore, opened up about the case, saying he was not sent to jail as he didn't have money. The actor claimed he had incurred losses amounting to ₹17 crore in the whole process. In a podcast with Shubhankar Mishra, Rajpal Yadav was asked that an actor with such a vast filmography could have easily repaid Rs 5 crore.
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“Ye 5 crore ka masla hota to 2012 me nipat ta. Iss 5 crore ne 17 crore ko dubane ka kaam kiya hai.”
Addressing allegations of fraud and wrongdoing, he added, “In the film industry, out of 100 films, 20 work and 80 fail... If a film fails, it doesn’t mean fraud has been committed.” He also maintained faith in the legal system, stating, “this fight was not started by me, but it will end because of me.”
“There has been a lot of miscommunication... Just listen to the full story,” he said, adding that he is simply presenting his side.
Earlier this year, he surrendered and was sent to jail before being granted interim bail after depositing Rs 1.5 crore. Several celebrities, including Sonu Sood and Mika Singh, extended their support. On the work front, Rajpal was recently seen in Bhooth Bangla, directed by Priyadarshan and featuring Akshay Kumar along with Paresh Rawal, Tabu and Wamiqa Gabbi.
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Too early to speak, says Rajpal Yadav
“This is exactly the point of my case, it's not about not being able to pay ₹5 crore. It's too early to speak on why I went to jail or whether I have the money or not. Had it just been a matter of ₹5 crore, it would have been resolved in 2012 itself, but because of this ₹5 crore, I have incurred losses of ₹17 crore. At that time, the matter was not in court, when the person jeopardised my film's worth ₹17 crore. After this person saw 70 percent of the film, he invested another ₹5 crore," Yadav said.ALSO READ: Petrol price today (April 23)
“Ye 5 crore ka masla hota to 2012 me nipat ta. Iss 5 crore ne 17 crore ko dubane ka kaam kiya hai.”
Film's budget was Rs 22 crore
Explaining the issue in detail, Rajpal Yadav said, "₹5–7 crore were to be spent on the film's release, and the total production budget of the film was ₹22 crore. Even if you are an enemy, you would not stop the project from releasing, especially when 10 others have also invested money in it. We have been talking about the intention behind giving this ₹5 crore, and my intention was good. What was my fault?”Addressing allegations of fraud and wrongdoing, he added, “In the film industry, out of 100 films, 20 work and 80 fail... If a film fails, it doesn’t mean fraud has been committed.” He also maintained faith in the legal system, stating, “this fight was not started by me, but it will end because of me.”
“There has been a lot of miscommunication... Just listen to the full story,” he said, adding that he is simply presenting his side.
What is the Rajpal Yadav case?
The case dates back to 2010, when Rajpal borrowed ₹5 crore from Murali Projects Pvt Ltd to finance his directorial debut, Ata Pata Laapata. After the film failed commercially, he was unable to repay the loan, leading to legal action under the Negotiable Instruments Act. He was convicted in 2018, with the decision upheld in 2019, and the amount eventually rising to nearly Rs 9 crore.Earlier this year, he surrendered and was sent to jail before being granted interim bail after depositing Rs 1.5 crore. Several celebrities, including Sonu Sood and Mika Singh, extended their support. On the work front, Rajpal was recently seen in Bhooth Bangla, directed by Priyadarshan and featuring Akshay Kumar along with Paresh Rawal, Tabu and Wamiqa Gabbi.
