We already reported that noted writer Bezawada Prasanna Kumar met senior star Nagarjuna and narrated him a point.
Later, news also came out that impressed with the point Nagarjuna asked Prasanna to develop the idea into a full-fledged script.
A couple of days back we have exclusively revealed that the film is going to be a period drama.
Now, the latest news is that the project is going to be make with a whopping Rs 50 crore budget.
Noted producer Srinivasaa Chitturi will be bankrolling the movie under his Srinivasaa Silver Screen banner.
An official announcement regarding the project is likely to be out in the next month.
The project also marks a directional debut for Prasanna Kumar Bezawada.
Though earlier reports came out that GodFather fame Mohan Raja will be directing Nag’s next, there is no official confirmation regarding it, to date.
As his last film, The Ghost, ended up as a disaster at the box office, Nagarjuna Akkineni is keen on bouncing back with Prasanna Kumar Bezawada’s film, say reports.