i have also read that sharad is going around with divyanka. if u notice he said that his parents and divyanka's parents were in the function and when he didnt get the award he was embarassed. i guess for sharad its more a case of embarrassment in front of his gf's parents for losing out to a 14 year old.
btw whenever they telecast this award i hope they show sharad's face too when rajat got the award. 😉