# IT raids 12 locations over Rakul Preet, Vashu Bhagnani film funds 2026-09-30T00:46:53+00:00 | Governance | Indian Opinion Desk Corroboration: 3 independent outlets The Income Tax Department has searched 12 locations in Mumbai linked to actor Rakul Preet Singh, producer Vashu Bhagnani and Panorama Studios, the production house behind Drishyam 3. The searches are over suspected fund irregularities, with investigators examining whether money was routed abroad as film-project financing. No findings of tax violations have been disclosed, and the probe is ongoing. Vashu Bhagnani has been hospitalised in London, with the reason not yet disclosed. When contacted by news agency ANI, he asked to be left alone. Bhagnani, founder of Pooja Entertainment, is a veteran producer of hits such as Coolie No. 1 and Biwi No. 1. His son Jackky Bhagnani now leads the banner. The IT teams are simultaneously verifying documents and financial records across multiple offices linked to the producer and studio. ## Indian Opinion Analysis The three sources converge on the core fact: IT searches at 12 locations linked to Rakul Preet Singh, Vashu Bhagnani and Panorama Studios over suspected film fund irregularities, with Bhagnani hospitalised in London. Business Today highlights the legal dispute alongside the probe, adding a dimension of ongoing financial scrutiny. Times of India and India TV report the hospitalisation as a separate development, emphasising the personal toll. The uniformity across sources suggests the investigation is in its early, fact-gathering stage, with no official findings yet released. The outcome hinges on whether the document examination yields evidence of tax violations or fund diversion for film financing. ## Coverage Coverage: 3 sources, 3 neutral - businesstoday.in (neutral report) led with tax claims and studio dispute, framing as business probe - timesofindia.indiatimes.com (neutral report) led with hospitalisation, then raid details as background - indiatvnews.com (neutral report) led with hospitalisation amid probe, linking both events This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Updated: this story now draws on 3 sources. Last updated 2026-09-30T02:47:15+00:00. Tags: Bollywood, income tax department, Mumbai, Panorama Studios, Rakul Preet Singh, Vashu Bhagnani Canonical: https://indianopinion.org/i-t-raids-rakul-preet-singh-vashu-bhagnani-over-film-fund-flows/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/i-t-raids-rakul-preet-singh-vashu-bhagnani-over-film-fund-flows/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/