Prernaa Arora of KriArj Entertainment has been responsible for producing a number of successful films such as Kedarnath, Pari and Pad Man etc. As per a report in SpotboyE, Mumbai’s Economical Offence Wing (EOW) reportedly arrested Prernaa a few months ago for cheating producer Vashu Bhagnani for an amount of Rs 31.6 crores.
According to reports, Prernaa, along with KriArj Entertainment’s directors Protima Arora and promoter Arjun Kapoor had borrowed money from Bhagnani for Pad Man and Kedarnath. However, they failed to return the amount due to which Prernaa spent 8 months in jail and was released on bail on September 16.
Talking to SpotboyE, Prernaa said:
Well, I really don’t know what to say. To begin with, I have nothing against Vashu. It was a big mistake that I made, in fact quite a few mistakes. I wish I had some big mentor around me, maybe things wouldn’t have gone so wrong. But I am back and shall continue to produce movies. It will take me some time to settle down, but I am not going anywhere. My time in prison taught me many things. I have learnt the value of money and time. I have changed in many ways. I shall speak in detail soon but at the right time.