'Loafer' Sold out for a Bomb in Nizam!

Mega Prince Varun Tej's astounding performance in his latest offing 'Kanche' received boundless appreciations from all corners. The movie has great chances to win awards in many departments this year. 

Having scored the success with 'Kanche', Varun Tej is now all set to show stylish and rugged side of his. His new movie 'Loafer' has created good buzz among the trade and this is clearly witnessed with the movie's Nizam's business. 

According the grapevine, 'Loafer's theatrical rights were bagged by Abhishek Pictures for a whopping Rs.7.50 crores for Nizam area. Maverick director Puri Jagannadh has directed this movie while Sunil Kashyap has composed the music of the movie. Disha Patanis has romanced with Varun Tej in the movie. The movie was produced by C Kalyan. The film is expected to hit the screens in the last week of December.