The inaugural edition of the Indian Premier League had taken everyone by storm. Not only did it provide non-stop entertainment for the viewers, but it also filled the coffers of BCCI and the franchises. King Khan and Preity Zinta have already made merry as owners of Kolkata Knight Riders and Kings X1 respectively. Cashing in on the opportunity this time is Shilpa Shetty, who along with her entrepreneur beau Raj Kundra, has acquired a 12 per cent stake in Rajasthan Royals, the reigning champions of IPL.

According to reports, Shetty and Kundra have paid $15.4 million for their stake, which now which values the Rajasthan franchise at around $140million, a significant increase on the $67 million its owners, Emerging Media, paid for it a year ago.

Rajasthan Royals is coached and captained by the legendary leg spinner Shane Warne. The Royals had defeated Chennai Super Kings in a pulsating final last year. The second edition of IPL commence from 10 April, 2009.