Ranveer Singh, Prashant Varma project incurred huge loss

Addressing the speculations surrounding the much-anticipated movie "Rakshas" featuring Ranveer Singh and directed by Prashanth Varma, an influential figure from the industry has refuted the claims of a staggering Rs 25 crore loss incurred by the producers as baseless. Clarifying the situation, the industry expert emphasizes, "They only filmed promotional material for the movie over a span of two days. How could they have spent Rs 25 crores on that alone, especially when the actual filming had not even begun? These rumors regarding the losses are utterly false and unfounded."

Further shedding light on the matter, the expert explains, "They conducted an outstanding photoshoot for one day and followed that with a promotional video featuring Ranveer Singh the next day. It was intended to be the grand launch video for the magnum opus 'Brahmarakshas' or 'Rakshas,' but unnecessary rumors surfaced earlier, causing some delay. Eventually, everything fell into place."

Interestingly, acclaimed Bollywood star Ranveer Singh was reportedly captivated by the vision and creative work of Telugu director Prashanth Varma, who gained recognition following the blockbuster success of "HanuMan." "Ranveer was immensely impressed by the exciting and grand script penned by Prashanth. It perfectly captures the essence of a 'south Indian thali', aimed at captivating audiences worldwide," states the industry expert.

It is said that Ranveer Singh is actively engaged in discussions with Prashanth to address any creative concerns and ensure the delivery of a spectacular entertainer under the guidance of the talented Telugu director.