The Enforcement Directorate (ED) is reportedly preparing to file a formal charge sheet against Malayalam actor Jayasurya in connection with the multi-crore fraud linked to the Save Box online bidding and investment application. According to officials familiar with the investigation, the agency will submit the charge sheet before the Ernakulam Special Court for PMLA Cases in Kaloor. The case has been registered under the provisions of the Prevention of Money Laundering Act.
The ED probe stems from allegations that the Save Box app, launched in 2019, operated as a fraudulent investment and bidding platform that lured users by promising high returns, franchise opportunities and company shares. Investigators say the scheme collected large sums from investors before allegedly diverting the funds. The Aadu actor had been associated with the platform as its brand ambassador, a role that brought him under the agency’s scrutiny during the course of the money-laundering investigation. The ED’s inquiry has indicated that portions of the alleged proceeds of crime were used to fund celebrity endorsement deals linked to the app’s promotional campaigns.
In February 2026, the agency provisionally attached immovable assets worth ₹39.01 lakh belonging to the actor. Officials stated that these properties were identified during the investigation as assets connected to the proceeds generated through the alleged fraud. The Save Box investigation is part of a wider probe into what authorities describe as a large-scale financial scam involving the misuse of an online bidding and investment platform to attract funds from the public. The forthcoming charge sheet is expected to outline the agency’s findings and the financial trail it claims links the alleged proceeds to various beneficiaries.
Meanwhile, Jayasurya is gearing up for the release of Aadu 3: One Last Ride - Part 1, the first chapter of the third instalment in the Aadu franchise, which is set to hit screens worldwide on March 19 amid the tensions in West Asia.