Over the last few days rumours spread that DVV.Entertainments have locked a project with young director Prashanth Varma and also gave them fancy amount as advance.
However, DVV.Entertainments clarified on the rumours with the following statement.
“We would like to clarify that the recent speculation regarding advances taken by director Prasanth Varma from DVV Entertainment or Mr. DVV Danayya is completely false and baseless.” The banner clarified that there has no agreement or financial transaction between the two parties, and requested media outlets and social media pages to ‘verify facts before circulating such misinformation.’
Prashanth Varma captured the imagination of all with Teja Sajja's Hanuman and is now having projects like Jai Hanuman and Mahakali. He is yet to lock his next project. Though numerous rumours spread about his collaboration with various actors and top banners, nothing turned out to be true.