Music composer Palash Muchhal has vehemently denied allegations of a Rs 40 lakh fraud case, calling them “baseless and factually incorrect.” He stated the claims were made with malicious intent to tarnish his reputation and vowed legal action. The allegations stem from a complaint by Vidnyan Mane, who claims Muchhal promised significant profits on a film investment that never materialized.

Music composer Palash Muchhal rocked headlines in November last year after his wedding with cricketer Smriti Mandhana got indefinitely postponed. And soon after that, the musician was accused of being involved in an Rs 40 lakh fraud case in Sangli, Maharashtra. However now, he has addressed the allegations leveled against him in a social media post. Let’s take a look at what he posted.

Palash responds to Rs 40 lakh fraud allegations

Palash Muchhal took to his Instagram to deny the accusations made against him. He called them “baseless and factually incorrect.” On his IG Story, the musician wrote, “In light of the allegations made by Sangli-based Vidnyan Mane on social media, I wish to state that these claims against me are entirely baseless and factually incorrect.”The singer-composer shared that allegations have been made with a malicious intent. He added, “They have been made with malicious intent to tarnish my reputation. And they will not go unchallenged.”He also shared that his team will take legal action against the same. He added, “My lawyer, Shreyansh Mithare, is exploring all legal avenues, and this matter will be dealt with strictly through the appropriate legal channels.”Take a look at his post here.

More about the Rs 40 lakh fraud case

Reportedly, a complaint has been registered against Palash Muchhal with the Sangli Superintendent of Police. The complainant, Vidnyan Mane, accused the musician of Rs 40 lakh financial fraud.According to the complainant, he met Palash through Smriti Mandhana’s father. On their first meeting on December 5, 2025, as per Vidnyan, Palash asked him if he could invest in his upcoming film ‘Nazariya’. Reportedly, the singer assured the complainant of a Rs 12 lakh profit on an investment of Rs 25 lakhs once the movie premieres on streaming platforms. As per the report, Palash even offered Vidnyan a role in the film as part of the deal.Vidnyan stated that he went on to invest Rs 40 lakhs total in the project. He complained that despite waiting for a longer time than the scheduled period, the movie was not completed. He claimed that he got no payment from Palash or any satisfactory reply for the same.As per the report, the musician blocked Vidnyan’s number, which resulted in the latter filing an official police complaint. The matter is now under investigation.