Veteran director Dasari Narayanarao’s Siri Media has acquired the Andhra Pradesh distribution rights of Allu Arjun and director Trivikram Srinivas’s under shoot film, which is currently progressing in Hyderabad. Ileana is pairing up with Allu Arjun in this untitled film.
As per the sources Siri Media has bought theatrical rights of the film for a whopping price of approximately Rs 23 Crores, which is the record price for Allu Arjun’s film so far.
The film is being produced by Radhakrishna and DVV Danaiah is presenting it. Devisri Prasad is composing the music for this film.The film is expected to hit the theaters in June, 2012.