Prashanth Varma calls matter subjudice, refutes allegations

Tollywood got a huge shock when top producer Niranjan Reddy made allegations against young director Prashanth Varma and accused him of going back on his promise after taking advances and sought Rs 200crs as compensation.

In the midst of all this, Prashanth Varma strongly countered the allegations stating that the matter is subudice with the Telugu Film Chamber and Telugu Film Directors Association are hearing the complaints and will be taking a decision on the issue in the coming days.

He released the pressnote requesting all the print and electronic media not to comeup with the speculations and also the numbers involved in it.

He called all the allegations against him are in retaliatory manner and false and baseless. He asked the media to verify facts rather than come up with speculative information which will damage the reputation.