Actor Shreyas Talpade Named in Fresh Investment Fraud Complaint in Uttar Pradesh

The complaint was lodged on February 10 at Bhogaon police station in Mainpuri district. According to the complainant, a resident of Bhogaon town, he and several villagers were allegedly persuaded to invest large sums of money in what was presented as a banking venture linked to Mumbai. The complaint alleges that the promised bank branch, reportedly planned for Mishrana Mohalla in Bhogaon, did not exist.

Police said the matter has now been referred for investigation following a court directive. Authorities have not yet confirmed any arrests, and officials stated that the allegations remain under inquiry.

Talpade has been described in the complaint as a “marketing advisor” connected to the venture. The list of individuals named alongside him includes Sameer Agarwal, Sania Agarwal, R.K. Shetty, Sanjay Mudgil, Shabab Hussain, Narendra Negi, Pankaj Agarwal, Supriya, Anuj Jain, Ajay Srivastava and Arvind Tripathi.

The complainant claims the accused collected money from multiple villagers on the assurance that their funds would be invested in establishing the bank branch and related financial operations. According to the complaint, investors later discovered that the institution being promoted was allegedly fictitious.

Police officials declined to comment on the specific financial amount involved, stating that the details would be verified during the investigation. Legal experts note that the registration of a complaint and a court-ordered probe does not establish guilt, and all accused are presumed innocent unless proven otherwise.

This is not the first time Talpade’s name has surfaced in financial dispute cases. In 2025, separate complaints were reportedly filed in connection with an alleged multi-crore investment scheme in which investors claimed they were promised unusually high returns. In another instance the same year, his name appeared in complaints linked to a chit fund-related investigation across multiple states. Those matters are also understood to be part of ongoing legal processes.

Attempts to reach Talpade or his representatives for comment were not immediately successful.

Investigators are expected to record statements from complainants and review financial transaction records in the coming weeks as the probe moves forward.