Mumbai, Mar 23 (Agencies) : Bollywood actress Shilpa Shetty has dismissed accusations of "fraudulently inducing" a company in Kolkata to invest a sum of Rs 9 crores in a company run by her.

In a furious outburst on Twitter, the actress accused Manoj Jain, chairman of the Kolkata-based company, of seeking fame at the cost of her reputation.

Yesterday, the Kolkata Police said they had registered a case against Ms Shetty and Ripu Sudan Kundra of Essential Sports and Media Private Limited (ESPL) after a complaint from Debashis Guha, the additional director of M K Media Private Limited, the company that Manoj Jain heads.

"We have registered a case against Shilpa and her company on the charges of criminal breach of trust, cheating, extortion, criminal intimidation and criminal conspiracy," Deputy Commissioner of Police Murli Dhar told news agency IANS.

According to the complaint, "Shilpa and others allegedly induced the complainant company to invest a sum of Rs 9 crore with the promise of 10 times return against the invested amount within two years".

Also, 30 lakh equity shares of Shilpa's company ESPL were allegedly allotted to the complainant company.

M K Media Private Limited had earlier filed a civil suit in the Calcutta High Court claiming repayment of the Rs 9 crores allegedly taken by ESPL.

Shilpha's tweet : Crazy news! I dare this Manoj Jain 2submit proofs 2 his ridiculous claims .His 2minute Fame can't b @ the cost of my hard earned reputation