After Jewellery merchant Nirav Modi allegedly fled with Rs 1.8 billion of the Punjab National Bank, actress Priyanka Chopra has decided to terminate her contract with the brand as an ambassador. (Also Read: Priyanka finds support in Assam minister, post the Assam Tourism ‘cleavage’ controversy)

Confirming the same, Priyanka’s spokesperson said, “In light of recent allegations, Priyanka Chopra has chosen to terminate her contract with the Nirav Modi brand”.

Reportedly, Modi’s brand borrowed the huge amount of money by illegit means, without following official procedure.

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Meanwhile, there were also rumours of actor Sidharth Malhotra (another endorser of the brand) seeking ways to move out of his contract with the brand.

However, Sidharth later dismissed the rumours, saying his contract with Modi got over a year back.