Producer Jackky Bhagnani, who backed the big-budget action entertainer Bade Miyan Chote Miyan starring Akshay Kumar and Tiger Shroff, has finally addressed the swirling rumors surrounding his financial status following the film’s disastrous performance at the box office.
Directed by Ali Abbas Zafar, the film was expected to be a massive crowd-puller but failed due to a poorly received screenplay and weak storyline. Its box office failure led to widespread speculation that Bhagnani had gone bankrupt, sold off his assets, and even fled the country.
In a recent interview, Jackky Bhagnani cleared the air, saying:
“I redeveloped my Juhu office. This is the same building that was in the news. They said I had to sell it off because I’d gone bankrupt, and that I didn’t even have money to buy food. They said I had run away. I don’t want to blame anybody for these rumors, but I don’t know how they started.”
The actor-turned-producer, who is married to actress Rakul Preet Singh, also shared the emotional and financial toll the episode took on his family. He revealed that banks became reluctant to approve loans, doubting his ability to repay them.
In a moment of candor, Bhagnani said:
“Giving a chance to Ali Abbas Zafar was my biggest mistake.”
This blunt admission underscores the magnitude of disappointment he felt after placing his trust — and a massive budget — in the project, only for it to falter critically and commercially.
Bade Miyan Chote Miyan, which was promoted as a sleek action thriller and released with much fanfare, failed to recover its high production costs and was met with criticism for its weak plot and lack of novelty. The incident has served as a cautionary tale within Bollywood on the risks of betting big on spectacle without strong content to back it.
