After Rajpal Yadav walked out of Tihar Jail on interim bail granted by the Delhi High Court, the spotlight has shifted to the man who says he has been fighting for his money for over a decade.
Madhav Gopal Agarwal, owner of Murali Projects Pvt Ltd, has now shared his side of the story — detailing how a film loan turned into a prolonged legal battle worth ₹9 crore.
“He Said Everything Would Go to Waste”
According to Agarwal, the issue began in 2010 when Rajpal approached him through MP Mithilesh Kumar Katheria, seeking urgent financial help for his directorial debut, Ata Pata Laapata.
The businessman claims Rajpal insisted the film was almost complete and needed immediate funding to avoid collapse. Though hesitant at first, Agarwal says he felt emotionally pressured after repeated communication from the actor’s wife, Radha.
An agreement of ₹8 crore was discussed, and ₹5 crore was loaned — strictly as a loan, not an investment, backed by personal guarantees and promissory notes.
Cheques, Extensions and Courtroom Turns
As repayment deadlines approached, Agarwal alleges that Rajpal cited financial difficulties, saying the film remained incomplete. A supplementary agreement was drafted in 2012, and new cheques were issued multiple times — three agreements in total, according to him.
When Amitabh Bachchan launched the film’s music, Agarwal says he sought a stay on its release, believing the dues needed settlement first. However, he later lifted the stay after assurances that repayment would happen post-release. The film failed commercially.
In 2013, Rajpal reportedly sought to settle the matter for ₹10.40 crore. Agarwal agreed, but claims that seven cheques handed over in court bounced.
“I Literally Cried”
The businessman says mediation in 2015 brought little resolution. He claims he even visited Rajpal’s Mumbai residence several times, once breaking down in tears while requesting repayment, as he himself had borrowed funds and was paying bank interest.
According to him, the financial strain wasn’t just legal — it was deeply personal.
Interim Relief for the Actor
The cheque-bounce case eventually led to Rajpal Yadav being sentenced to six months’ imprisonment. However, on February 17, the Delhi High Court suspended the sentence until March 18, subject to a ₹1 lakh bail bond and the deposit of ₹1.5 crore with the complainant.
For now, the actor has interim relief. But from the businessman’s perspective, the battle for recovery continues.
Final Words
Behind the headlines and court orders lies a decade-long financial dispute that began with trust and ended in litigation.
While Rajpal Yadav has secured temporary bail, Madhav Gopal Agarwal maintains that he is still waiting for closure — and repayment.
The case now moves forward, with both sides standing firm on their versions of events.
