Palash Muchhal Denies ₹40 Lakh Sangli Fraud Allegation, Calls Claims 'Baseless'

• Music composer Palash Muchhal has denied allegations of a ₹40 lakh financial fraud in Sangli, Maharashtra, calling them "baseless and factually incorrect."
• The controversy follows the cancellation of his wedding with cricketer Smriti Mandhana.
• Palash stated on Instagram that the claims by Vidnyan Mane are made with "malicious intent" to damage his reputation.
• His lawyer, Shreyansh Mithare, is exploring legal avenues to address the accusations.
• Complainant Vigyan Mane alleges he invested ₹40 lakh in Palash's film 'Nazariya' after being promised profits and a role, but the film remains incomplete and his money was not returned.

Why It Matters: Palash Muchhal vehemently denies ₹40 lakh fraud allegations, stating legal action will be pursued.