Latest news with #BabuShahir
Indian Express
08-07-2025
- Entertainment
- Indian Express
Manjummel Boys actor-producer Soubin Shahir arrested on financial fraud charges, released on bail
Actor-producer Soubin Shahir has been arrested in the financial fraud case in connection with the film Manjummel Boys. His father Babu Shahir and his associate Shawn Antony were previously summoned for questioning, as per The Week, and were later arrested. The three of them were released on bail, which they got in anticipation from the High Court. Soubin Shahir's production house Parava Films has been under investigation ever since they were accused of embezzling Rs 7 crore. The police has claimed that a proper investigation must be held to account for the funds of the film. The police has also accused Soubin that he had pre-planned the fraud, even before the filming began. The accusations were first raised by Siraj Valiyaveettil as he claimed that he invested Rs 7 crore in Manjummel Boys. He claimed that he was informed that the film's total budget would be Rs 22 crore. He later got to know that the film was made within Rs 18.65 crore. He alleged that he did not receive the 40 percent profit that he was promised. ALSO READ | Exclusive | Aamir Khan says already married to Gauri Spratt 'in my heart'; confirms he's starting work on Mahabharat film series, won't cast known faces In 2024, the Income Tax Department conducted raids at Soubin Shahir's office after allegations that he had not filed his tax returns and concealed financial documents. As per Sacnilk, Manjummel made Rs 140 crore in India, and collected Rs 240 crore worldwide. The film was declared a hit and received a lot of praise from the audience. Until the release of L2: Empuraan, it remained the biggest hit of Malayalam cinema. Written and directed by Chidambaram, Manjummel Boys was based on an incident that took place at Guna Caves in 2006 when a man got stuck inside the cave, and his friends helped in his rescue operation. The film was applauded for its message of hope and resilience.
Time of India
27-06-2025
- Entertainment
- Time of India
‘Manjummel Boys' fraud case: Soubin Shahir and co-producers granted anticipatory bail by Kerala High Court
(Picture Courtesy: Facebook) The Kerala High Court on Thursday (June 26) granted actor-director Soubin Shahir , his father Babu Shahir, and co-producer Shaun Antony, anticipatory bail in the financial fraud case related to the hit Malayalam film 'Manjummel Boys'. According to the Bar Bench website, the court ruled that custodial interrogation was not necessary at this stage and directed the accused to appear before the investigation team on July 7. Reportedly, the court also instructed that if any of the accused are taken into custody, they should be immediately released on bail. The decision comes after an earlier plea by the trio to quash the case was rejected by the court, prompting them to file for anticipatory bail. 'Manjummel Boys' Telugu Teaser: Soubin Shahir and Sreenath Bhasi starrer 'Manjummel Boys' Official Teaser The accused allegedly took Rs 7 crore, failed to share profits The case was filed by Siraj Valiyaveettil Hameed, a businessman from Aroor, who alleged that the film's producers had promised him 40% of the film's profits in return for an investment of Rs 7 crore. However, he claimed that despite receiving the money, the producers failed to deliver on the agreement. This led to what he described as a breach of trust and financial cheating. Following the complaint, the Maradu Police began an investigation as per the High Court's directive and submitted a report stating that the accused had conspired to defraud the complainant. According to police, while a sum of Rs 5.99 crore was later returned to the complainant, they still found sufficient grounds to register a case. Should not be treated like a standard criminal case Reportedly, the High Court, while granting bail, noted that the dispute appeared to be of a civil and commercial nature, and should not be treated like a standard criminal case. It also acknowledged that the accused had already responded to earlier summons and extended them protection from arrest until June 27.
Time of India
26-06-2025
- Entertainment
- Time of India
Actor Soubin Shahir gets anticipatory bail in ‘Manjummel Boys' cheating case
Kochi: Actor Soubin Shahir, his father Babu Shahir and Shawn Antony, the producers of the hit Malayalam movie 'Manjummel Boys', have been granted anticipatory bail by high court in a financial cheating case related to the film's production. The bench of Justice Bechu Kurian Thomas on Thursday held that custodial interrogation of the petitioners was not necessary, noting that the case involved elements of a commercial dispute. However, HC granted limited custody of the petitioners to facilitate the investigation and directed them to appear before the investigating officer on July 7 and 8 for interrogation. The officer may interrogate them between 10am and 5pm, and in the event of arrest, they shall be released on bail, the court ordered. The case stems from a complaint filed by Siraj Valiyathara of Aroor before the Ernakulam magistrate court, alleging that Parava Films LLP, owned by the accused, had solicited his investment for the production of 'Manjummel Boys'. As per an agreement dated Nov 30, 2022, he invested a total of Rs 7 crore through multiple transactions. Despite the commercial success of the film, the petitioners allegedly failed to honour the profit-sharing agreement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top Public Speaking Course for Children Planet Spark Book Now Undo According to the police report, although the film grossed Rs 286 crore, the accused failed to pay Siraj his rightful share of profits, amounting to Rs 40 crore. While considering the anticipatory bail plea, HC observed that the relationship between the parties primarily falls within the realm of a business transaction and that the resulting dispute lies in the commercial sphere. However, since another single bench had already declined to quash the proceedings, the court noted that it cannot be treated as a purely commercial dispute and acknowledged that an element of criminality appears to exist. Based on this, and after considering the need for custodial interrogation, the bench granted anticipatory bail to the petitioners.
Time of India
20-06-2025
- Entertainment
- Time of India
Cheating case: HC relief for actor Soubin Shahir
Kochi: High court has extended the date for film actor , his father Babu Shahir and Shawn Anthony, producers of the hit film Manjummel Boys, to appear before police in connection with a financial cheating case. Tired of too many ads? go ad free now They have now been directed to appear on June 26. Earlier, the Maradu police in Ernakulam had summoned the petitioners for interrogation on June 20, based on a cheating complaint filed by Siraj Valiyathara of Aroor. However, the petitioners' pre-arrest bail plea, which was posted for hearing on June 18, could not be taken up by high court. Accordingly, the bench of Justice Bechu Kurian Thomas extended the appearance date to June 26 and posted the plea for hearing on June 23. The case stems from a complaint filed by Siraj before the Ernakulam magistrate court, alleging that Parava Films LLP, owned by the petitioners, had solicited his investment for the film's production. As per an agreement dated Nov 30, 2022, he disbursed a total of Rs 7 crore over multiple transactions. Despite the film's commercial success, the petitioners allegedly failed to honour the profit-sharing agreement. Based on the magistrate court's direction, Maradu police registered the case in 2024. In March 2025, high court had disposed of the petitioners' earlier pre-arrest bail pleas in view of a stay on the proceedings granted in a related petition. However, the court subsequently permitted the police to resume the investigation. Following this, the police issued fresh notices for interrogation, prompting the petitioners to file a new bail application.
