Who Is Madhav Gopal Agrawal? Meet the Businessman Behind Rajpal Yadav Loan Dispute

Published : Feb 18, 2026, 09:35 AM IST

After Rajpal Yadav’s release from jail, focus has shifted to Madhav Gopal Agrawal, the businessman who lent crores for Ata Pata Laapata and is now locked in a prolonged legal dispute with him ongoing.

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Release Rekindles Case

Rajpal Yadav’s release from Tihar Jail has revived focus on his long-running financial dispute with businessman Madhav Gopal Agrawal. The Delhi High Court granted interim suspension of sentence until March 18, but proceedings continue. Agrawal’s recent interview has intensified curiosity about the origins, terms, and breakdown of their contentious loan arrangement over many years.

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Who Is Madhav Gopal Agrawal

Meet Madhav Gopal Agrawal, a businessman linked to Murali Projects Pvt Ltd and associated with firms like KR Pulp and Papers Ltd. Known for corporate dealings rather than cinema, he says he met the actor through MP Mithilesh Kumar Katheria before being approached to provide urgent funding for a near-complete film project at that time.

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Loan Terms And Fallout

He claims he later extended a Rs 5 crore loan under a formal agreement, not tied to the fate of Ata Pata Laapata. After the film’s music launch by Amitabh Bachchan, disputes grew over repayment, control of negatives, and delayed cheques that were repeatedly dishonoured, worsening mistrust between both sides over several prolonged years overall.

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Ongoing Courtroom Fight

With supplementary agreements failing and settlement pegged at Rs 10.40 crore, litigation stretched for over a decade. Though Rajpal Yadav has secured interim relief and stepped out of jail, the dispute remains sub judice, with future hearings set to determine liability, repayment timelines, and possible enforcement of earlier commitments between the two parties involved here.

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