What Happened to Cherry-Koratala Movie?

Some days ago Mega Power Star Ram Charan's new film in the combo of director Koratala Siva was launched in a grandeur. Bandla Ganesh Babu is supposed to produce this prestigious movie. However, all a sudden, film nagar abuzz that the project has been shelved. It is also heard that Koratala Siva is narrating a story to Prince Mahesh Babu. Is there any truth in this gossip? 

Meanwhile, inside sources reveal that Ram Charan is currently waiting for the result of his bollywood debut movie 'Zanjeer'. If the movie scores a hit, he may do another movie in bollywood( 'The Immortals of Meluha'?). Anyways, unless there is no clarity from Ram Charan's next projects, many gossips may circulate.Let's hope, Ram Charan will come up with a clarity on his future projects soon.