The Economic Offences Wing (EOW) of Mumbai Police has summoned Shilpa Shettys husband businessman Raj Kundra in connection with the Rs 60.48 crore cheating case. According to details the case was registered against Kundra on August 13. He has been asked to appear for questioning next Monday (September 15) We had summoned Raj Kundra to join the probe on Wednesday however he sent a request through his representative that he will join on Monday said a senior EOW official. On September 5 the EOW had issued a Look-Out Circular against Shilpa Shetty and Raj Kundra to ensure they stay in India for investigation. The couple is know to travel international quite frequently. Raj Kundra summoned by Mumbais EOW in Rs 60 crore cheating case The case was registered against Kundra and his wife by a 60-year-old businessman Deepak Kothari director of Lotus Capital Financial Services. On August 14 the complaint was lodged at Juhu police station however the case was later handed over to EOW for further investigation. According to complainant between 2015 and 2013 Shetty and Kundra transferred the funds which he had provided to expand their business and other personal purposes. He was introduced to Kundra through a mutual connection. He was told Kundra and his actor wife had nearly 88% shares in Best Deal TV a online retail and home-shopping platform. Raj Kundra initially asked for a loan of Rs 75 crore but to prevent higher taxation he treated the transaction as an investment. Kothari alleged that he used to transfer the money in instalments from 2015 onward but later found out insolvency proceedings were already initiated against the company in another cheating case. In 2016 Shilpa resigned as the director of the company. Despite repeated requests Kothari alleged that Kundra avoided paying him back citing COVID-19 pandemic as an excuse. Following a preliminary inquiry The EOW found that the Kotharis funds were misused. Shetty Kundra and another unknown associate were booked under IPC sections 403- dishonest misappropriation of property 406-criminal breach of trust and 34-common intention.