During Tej I Love You pre-release event, Ram Charan said that his father wanted him to do a film for K S Rama Rao. Looks like the time has come. Even if Charan gives him dates, KSR needs atleast a buffer amount to approach financiers.
It is an extremely bad situation right now for him. Earlier he had lost his film studio CC Film Studios where ‘Stuartpuram Police Station’ was shot. He has this habit of giving away his houses to artistes when he is unable to pay the remuneration.
That is what he did to Vijay Devarakonda now and when the amount was not adjusted another property papers has been given to the hero. Everyone in the industry know that his houses were given to Prabhas and NTR. During Tej I Love You, he had given away a duplex at Movie Towers to his financiers.
He had once disposed his luxury car; all this is common when we don’t learn from our mistakes. Right now, the producer stays at a rented place near D Mart at Madhapur and sources say his position has driven him to downsize his domestic help by half.
Sad to see a producer who owned 300 to 400 crores lose all his money. He was at one time wearing all branded clothes, footwear, watches etc. He did another mistake by producing Kausalya Krishnamurthy while doing World Famous Lover and lost a few crores. A banner which had so much craze is at the brink of closing down unless some hero comes to the rescue.