India, Oct. 30 -- A sessions court in Mumbai has denied anticipatory bail to three film production executives accused of misappropriating more than Rs.3.92 crore during the making of the upcoming Dharma Productions film Naagzilla.

On Wednesday, Additional Sessions Judge (Dindoshi court) M Mohiuddin also ruled that there was prima facie material against them about their involvement in the offence, news agency PTI reported. The court maintained that the custodial interrogation of the accused was necessary for a detailed investigation into the matter

Naagzilla stars Kartik Aaryan and is co-produced by Karan Johar's Dharma Productions and Mahaveer Jain Films. The three accused are consultant and signing authority Kuldeep Singh Champawat (47...