Netflix sold Satish Sanpal as a family man with a single, glittering marriage. The court files of Jabalpur sold a different household. Between those two stories sits the most useful arrangement in his public life: one woman for the Indian paperwork, one woman for the world’s cameras.
He has not been convicted of anything. He denies the allegations. The Delhi High Court has already stopped some publications from calling him “fraudster” or “Satta King” while the probes run. Hold that. Then read what the record actually does say about the two women attached to his name.
The wife the cameras were not introduced to
In Jabalpur court filings, Soniya Sanpal is described as Satish Sanpal’s wife. The same residential address keeps repeating: 181/A, Adarsh Nagar, Narmada Road — the house that also appears on the family’s most visible company.
That company is Laakshya Hoteliers Hub Pvt. Ltd., incorporated 22 March 2017. First registered at that Adarsh Nagar house; later shifted to Shop No. 204, 2nd Floor, R.K. Towers, Wright Town — the same dummy room that also hosts Inserent Marketing and Seiri IT Solutions. Soniya was appointed director on 5 February 2021; Ram Chandra the next day. At various points the board has carried the whole household: Ram Chandra, Sita, Satish, Soniya.
A hotel company that, on the MCA register Palak Shah laid out in Businessworld, looks like a joke told in balance-sheet language: paid-up capital ₹3.5 crore, a Union Bank charge of ₹4.85 crore (28 December 2019), unsecured loans of ₹1.18 crore — more than ₹6 crore of capital and credit against a reported turnover of exactly zero and a net worth of ₹6.1 lakh. A firm heavy with debt. Empty of guests.
Police do not say Laakshya moved the big money. They say Soniya owned a fake shell the public register never sees. Through that shell, the Lordganj court record summarised in the 27 March 2025 sessions order alleges two transfers of alleged satta proceeds:
- ₹1,76,43,43,556
- ₹1,75,85,05,415
- Total: ₹3,52,28,48,971
On 3 October 2023 she was declared a proclaimed offender under CrPC 82–83 in Crime No. 356/2022, PS Lordganj (cheating, criminal breach of trust, forgery, conspiracy, Gambling Act). The Superintendent of Police put a ₹1,000 reward on her head. Three hundred and fifty-two crore rupees of alleged movement. One thousand rupees to catch the woman whose name is on it.
She was not in Jabalpur to collect the insult. She was in Dubai. From Dubai she did what the sessions court later called abuse of the process of law: on 9 December 2024 she obtained anticipatory bail without setting foot in India, without even her own affidavit properly on file, despite a bail condition that she not leave India without permission. Then she asked an Indian court to help her renew the passport that lets a fugitive keep living abroad. JMFC Harshita Jain refused on 24 January 2025. Third Additional Sessions Judge Irshad Ahmed dismissed the revision on 27 March 2025 (the CRR/77/2025 record BW cites). Lordganj had already sent an adverse report to the Regional Passport Office, Bhopal: accused of owning the fake shell; arrest of wife and husband still pending.
That is Wife One’s documented job in the Indian file: the DIN, the address, the shell allegation, the proclamation, the thousand-rupee bounty, the passport that is quietly expiring because coming home means walking into the arrest the family has spent years litigating around.
The Pioneer (5 August 2026) is more cautious than BW and calls her “either a wife or relative.” BW, and the Jabalpur filings BW quotes, call her the wife. The contradiction is itself part of the story. The cameras needed one answer. The file had another.
The wife the cameras were built around
Tabinda Sanpal is the woman Netflix was allowed to meet. British-Pakistani, married to him around April 2017, Director and sole shareholder of ANAX Capital Financial Markets LLC, linked to ANAX Capital Asset Management in the DIFC. NDTV has called her his second wife. BW’s Golden Visa, Desi Files put it in one blade of a sentence: a wife from Jabalpur, and a second wife, British-Pakistani, named Tabinda, “whom the cameras never quite explain.”
Tabinda’s job was not a Jabalpur DIN. It was the conversion of a man named in nine police stations into a lifestyle brand.
On Desi Bling she is the gold queen: 40 kg already owned, about 3 kg every Dhanteras, the morning foot massage to invite Lakshmi, the line that a husband is majazi khuda. Combined-net-worth chatter around the show floated $1.5 billion to $3 billion. Burj Khalifa. Pink Rolls-Royce for daughter Bella. The regulated-finance CV that makes the fortune look like markets, not satta. The Instagram mother. The power-couple grammar.
That is not a small accessory. While Soniya’s name sat inside a proclamation and a ₹352-crore court-file allegation, Tabinda’s name sat on SCA/DFSA-licensed letterheads and a global reality series. One wife could not be shown. The other was shown until the algorithm learned his face as “billionaire,” not as the accused whose arrest, a Jabalpur court recorded, “could not be secured.”
Then the freeze reached the show wife too.
On 13 July 2026, according to NDTV, Hindustan Times, Firstpost and The Pioneer citing the UAE FIU, a temporary freeze was directed against funds, accounts, investments, digital wallets and safe-deposit boxes of Satish, wife Tabinda, and: ANAX Capital Asset Management, ANAX Capital Financial Markets LLC, ANAX Holding FZCO, SSB Bazaar General Trading LLC. Initially about 30 days, extendable; no UAE criminal charges announced; reason not made public. BW, attributing the first report to The Economic Times (1 August 2026), stresses the freeze is precautionary, not a finding of guilt, and still pending official confirmation. Sanpal’s team has separately said no competent UAE authority issued a public disclosure of the kind reported.
So the public-image wife is now inside the same financial household the cameras spent a season glamorising. The compartmentalisation leaked.
What the husband was doing while both women worked their assigned stages
The Indian case list is not a rumour mill. It is a stack of FIRs.
- FIR 170/2022, Madan Mahal (23 April 2022): Public Gambling Act s.4A plus IPC 109, 112, 114, 120-B, 420. Charge sheet 28 July 2024. Police tabulation of the company-bank web: deposits ₹10,03,03,53,054; withdrawals ₹10,01,78,44,219. R.K. Tower raid 19 May 2022: ₹21,55,600 cash, 27 seals, 34 cheque books.
- FIR 247/2022, Kotwali (raid 23 May 2022, Gopal Arcade): TEAM 777 software; ₹7,44,000 cash, 12 chequebooks, 12 ATM cards. Two arrested men allegedly said they “received the link from Satish Sanpal and Dilip Khatri.” Untested; denied. Chargesheet 28 April 2023 against five others without him, because he was outside India. First ASJ Manish Singh Thakur, 27 April 2026, Criminal Revision 234/2026: arrest “could not be secured”; investigation “continuously ongoing”; he is “required in the investigation”; bail refused even though the offences are bailable, because video from Dubai is not custody. Liberty to renew after a supplementary chargesheet that still has not reached him. He cited drone attacks on Dubai airport as a reason he could not fly.
- FIR 356/2022, Lordganj: cheating — alleged misuse of Aadhaar/PAN to open shell accounts. This is the case in which Soniya is the proclaimed offender.
- FIR 338/2022, Madan Mahal: cheating, forgery, conspiracy, cheque theft.
- Reporting consistently: nine Jabalpur cases; SIT; LOC opened 5 August 2022 at the instance of SP Siddharth Bahuguna — two and a half years after his last Mumbai exit on 14 March 2020. By then he already held a self-sponsored Golden Visa (November 2021, valid to 2031). Passport never impounded. Affidavits, a private complaint says, attested at the Consulate General of India in Dubai so he could fight paper from the Gulf. Delhi HC confirmed the LOC on 4 February 2026 in W.P.(C) 1544/2026 — his own petition.
He has bail in eight of nine cases. The ninth is 247/22, where bail was refused. He is not a proclaimed offender. He has not been convicted. There is no ECIR in his name on the public record. The ED’s 88-page Mahadev attachment order (PAO 16/2026) does not name him. Any Mahadev link remains an untested allegation. The Fugitive Economic Offenders Act, written for the accused who will not return, has not been invoked. A private complainant, Saurabh Bawariya (01.06.2026), had to petition the district to ask ED to look.
Nine days after Jabalpur refused him bail, on 6 May 2026, the Delhi High Court gave him an interim injunction against 21 publishers in CS(OS) 335/2026, recording the submission that he held bail in eight of nine and was “in the process of securing bail” in the ninth. The Jabalpur record by then already showed the opposite. BW asked whether that 27 April order was placed before Delhi. It was not apparent from the Delhi order.
On camera he said money is not God, but no less than God. Paisa bolta hai.
How the two wives fit the same man
Call it what the documents show, not what a prosecutor has proved.
Soniya’s function, on the Indian paper: family company, shared address, alleged shell, proclaimed-offender status, the ₹352-crore two-hit trail, the ₹1,000 bounty, the passport war fought from Dubai. She is the wife who appears when you open the Jabalpur file. She is the one who cannot be put on Netflix because a proclamation and a reward look ugly next to gold cutlery.
Tabinda’s function, on the public stage: second wife; ANAX Capital’s licensed face; the gold-by-the-kilo testimony; the Burj backdrop; the conversion of an LOC-accused into a billionaire couple. She is the wife who appears when you open Instagram. She is the one who cannot be put in a Lordganj proclamation because the brand needed a woman the world would envy, not a woman the SP would price at a thousand rupees.
He used the split. That is the investigative point. Not that a court has held a conspiracy of wives. That he maintained two marital identities across two jurisdictions so thoroughly that The Pioneer still has to write “wife or relative” for Soniya while NDTV writes “second wife” for Tabinda, and Netflix never had to explain the woman from Adarsh Nagar at all.
One wife carried the file. One wife carried the brand. He carried the Golden Visa.
The file is still open. The brand just had its accounts frozen. The man is still not in Jabalpur. And the only wife the cameras loved is now named on a freeze list in the city that was supposed to be the ending of the story, not the sequel.
Satish Sanpal has obtained bail in most Jabalpur cases, denies the allegations, and has issued legal notices and filed defamation proceedings. He has not been convicted and has not been declared a proclaimed offender. Tabinda Sanpal is not an accused in the Madan Mahal charge sheet discussed here; she appears as the publicly presented wife and as a person named in reported UAE FIU freeze directions, which remain precautionary and, per BW, pending official confirmation. Soniya Sanpal has not been convicted; her proclaimed-offender status and the ₹352-crore allegation are from court-file reporting. Delhi High Court has cautioned against some media claims that go beyond the FIRs. All persons named are entitled to the presumption of innocence.
