Guwahati, Sept. 5 -- Mumbai Police have issued a Lookout Circular (LOC) against Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, in connection with an alleged Rs 60 crore cheating case.

The Economic Offences Wing (EOW) initiated the move due to the couple's frequent overseas travel, a senior official confirmed on Friday.

Authorities registered the case at Juhu Police Station on August 14, following a complaint filed by Mumbai-based businessman Deepak Kothari.

He accused Shetty and Kundra of duping him through a loan-cum-investment arrangement involving their now-defunct company, Best Deal TV Pvt. Ltd.

Kothari, director of Lotus Capital Financial Services, stated that Rajesh Arya introduced him to the couple.

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