‘Bahubali’ producers Shobu Yarlagadda and Prasad Devineni’s houses and offices in Hyderabad are attacked by IT sleuths. At a time when Government of India began a radical initiative to erase the parallel economy of black money damaging the Indian economy by devaluing Rs. 500 and 1000 currency notes, here comes the first shock in Tollywood.
Telugu film fraternity remained in utter shock hearing the news of Income Tax raids on ‘Bahubali’ producers. As we all know, ‘Bahubali’ is a special film in Indian cinema history made on a massive budget of more than 100 Crores and raked a gross of approximately 650 Crores.
With ‘Bahubali - The Conclusion’ currently in production stage, what hinted the IT officials to conduct raids on producer’s offices at this point of time can be easily guessed. As of now, two to three teams of special officers are known to be at work in ‘Bahubali’ offices. Let’s wait for more information to follow.