Soubin Shahir Claims He Was Not Arrested In Manjummel Boys Financial Fraud Case

On Tuesday, July 8, news surfaced that actor and producer Soubin Shahir, along with his father Babu Shahir and Shawn Anthony, had been arrested and released on bail. Soubin refuted the reports of being arrested, claiming he appeared before police for questioning in connection with a financial fraud case linked to his 2024 film, Manjummel Boys. Apart from playing the lead role, Soubin also served as the producer of the Malayalam hit film.

Soubin Shahir denies news of arrest in financial fraud case

After being questioned at the Maradu police station, Soubin Shahir told reporters that he provided all the documents and also submitted his mobile phone.

As per a report in PTI, Soubin said, "I believe the investigators are now convinced by the facts. Let them examine the documents and take a decision."

He also clarified that he was not arrested.

However, police sources confirmed that Soubin was granted conditional bail by the Kerala High Court.

Manjummel Boys financial fraud controversy

Soubin was taken for interrogation in connection with a complaint filed by Siraj Valiyaveettil, who claimed to have invested Rs 7 crore in Manjummel Boys. He alleged that he was informed that the film’s total budget would be Rs 22 crore. Later, he came to know that only Rs 18.65 crore was spent on making and promotions of the film. Siraj also claimed of not receiving the 40 percent profit share which he was promised during the production of the film. Reportedly, the film earned over Rs 240 crore at the worldwide box office. 

As per the court's order, Maradu police are continuing their investigation and have submitted a report to the HC.

As per a report in Asianet, the court had directed Soubin Shahir to be present for questioning and should be granted anticipatory bail. The court also order that the accused should not be interrogated in custody and should be released on bail if arrested.

The HC rejected the producers' request to dismiss the case and rejected the police’s request to question them in custody.

On the work front, Soubin will be seen in Rajinikanth starrer Coolie, directed by Lokesh Kanagaraj.