Reports of 25 Crore Losses to Ranveer-Prashanth Movie Untrue?

Update: 2024-05-24 05:39 GMT
Ranveer and Prashanth Varma (Image Source: X)

Dismissing the rumors of the producers of the much-hyped Ranveer Singh- Prashanth Varma movie, Rakshas, incurred a loss of Rs 25 crores as baseless, an industry bigwig clarifies, “They just shot promotional material for the film over two days. How could have they spent Rs 25 crores on that without even the film going on floors? So these rumors about Rs 25 cr losses are completely false and baseless.”

He further adds, “They just did a fantastic photoshoot for one day and a promotional video the next day with Ranveer Singh. It was supposed to be the first launch video of the magnum opus ‘Brahmarakshas or ‘Rakshas’ but there were unnecessary rumors around it before things fell in place.”

In fact, B-town reigning star Ranveer Singh was reportedly wowed by the work and vision of Telugu director Prashanth Varma, who is going places after the blockbuster ‘HanuMan'. “Ranveer was floored by the exciting and larger-than-life script penned by Prashanth and it was typical ‘south Indian thali’ meant to woo masses across the world,” he points out.

It is said that Ranveer Singh is likely to further discuss with Prashanth how to go about things and ‘sort out a few creative issues’ to deliver a big-ticket entertainer with a Telugu director.

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