India, June 26 -- IPL franchise Rajasthan Royals have been put under the scanner due to an ongoing legal tussle between majority owner Manoj Badale, and former co-owner Raj Kundra. London-based venture capitalist Badale has accused Kundra of trying to blackmail him by alleging that he was defrauded out of his minority stake, and it is a brech of their 2019 confidential settlemend agreement.

Badale's lawyer Adam Speker accused Kundra of threatening to report serious allegations to the Indian authorities in a "blackmail attempt."

Meanwhile, Kundra has stated that he has been told information about the claimants and his lawyer confirmed that it it is not true, then "in due course it will be exposed."

Kundra was found guilty of betting on ...