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Arshathul Afia
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Rakul Preet Singh has denied receiving property gifts or making illegal foreign remittances, contesting reports linking her to Income Tax searches and seeking media corrections.
Key Highlights
The actress challenged the reporting and its potential cost to her reputation and livelihood. She acknowledged the commercial pressures faced by media organisations but rejected them as a reason to publish inaccurate claims about someone. She asked publishers to withdraw the disputed reports and correct the facts.
Rakul denied ever receiving property as a gift and said accepting expensive gifts went against her principles. She separately rejected the allegation that she held benami property for anyone, whether in India or abroad.
Her denial of illegal foreign remittances covered transactions in a personal capacity and those allegedly undertaken for a production house. The statement published on 5 October 2026 addressed these claims individually.
These are Rakul’s stated positions. Her denial concerns gifted property and assets allegedly held for others; it should not be expanded into a claim that she owns no property.
The reading of Rakul’s statement is that she disputes both her connection to the search and the financial conduct attributed to her. The earlier coverage described premises reportedly linked to her. Those are related claims, but they are not interchangeable.
That distinction shapes our financial news coverage: an association with a searched address should not be rewritten as proof of personal wrongdoing. Equally, Rakul’s denial should remain attributed to her, rather than presented as a finding by investigators. This preserves what each account actually says.
The search report updated on 28 September 2026 at 1:26 pm IST described operations at 12 locations in Mumbai. It was named Rakul, her father-in-law Vashu Bhagnani and Panorama Studios in connection with the premises.
Investigators were reportedly examining suspected overseas transfers presented as film financing. Teams were checking financial records and transaction details. The reported count describes locations searched, not properties established to belong to Rakul or findings against her.
“The search was not pertaining to me,” Rakul said. She also stated that she had paid her due taxes since the age of 20, referring to her Armed Forces background and a career built without an industry godfather.
Her statement criticised the publication of allegations without verification. The tax-payment history was part of her own account, alongside her request that publishers correct coverage she disputed.
Rakul’s 5 October 2026 statement rejects the property gift and illegal remittance allegations while challenging her reported connection to the searches. She has asked those who published the disputed accounts to retract them and correct the record.
Her response to the Mumbai search coverage came through an Instagram statement on 5 October 2026.
Yes. Accepting expensive gifts went against her principles, she said, adding that nobody had ever gifted her property.
Her statement denied involvement in illegal foreign remittances, either personally or on behalf of a production house.
No. Her statement rejected gifted property and benami holdings for others. It did not deny property ownership generally.
Rakul said the search did not concern her. Her statement should not be read as denying that the wider Mumbai searches occurred.