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By Taruka Srivastav, Reporter

February 24, 2018 | 1 min read

Actress Priyanka Chopra has terminated her contract with Nirav Modi jeweler brand after the it's owner was entangled in an alleged fraud against Punjab National Bank (PNB).

Priyanka Chopra has appeared in various Nirav Modi jewelers TV commercials and ads.

“In light of recent allegations, Chopra has chosen to terminate her contract with the Nirav Modi brand,” Her spokesperson said in a statement reported Livemint.

The Indian Central Bureau of Investigation (CBI) in January booked Nirav Modi and the three others accused after Punjab National Bank filed a case of fraud against them.

According to the bank’s complaint, Modi and his business partners were allegedly involved in fraudulently issuing Letters of Undertakings – or bank guarantees – at the bank’s Mid Corporate Branch in Mumbai’s Brady House.

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