Palash Muchhal Denies Rs 40 Lakh Fraud Accusations, Cites 'Malicious Intent'

• Music composer Palash Muchhal has been accused of a Rs 40 lakh financial fraud by Sangli-based Vidnyan Mane.
• Palash Muchhal firmly denied the allegations on Instagram, calling them "baseless" and motivated by "malicious intent to tarnish my reputation."
• The complaint, filed with Sangli district police, alleges Palash took Rs 40 lakh from film financier Vaibhav Mane for a film project, Nazariya, which never materialized.
• Vaibhav Mane, introduced to Palash by Smriti Mandhana's father, claims Palash promised quick OTT release and return on investment but failed to deliver or repay.
• Palash's lawyer, Shreyansh Mithare, is exploring legal avenues to address the matter, while Vaibhav Mane has submitted documents and transaction details to the police.

Why It Matters: Palash Muchhal vehemently denies Rs 40 lakh fraud allegations, claiming they are baseless and malicious.