Tollywood producer Bellamkonda Suresh has sold his luxury house to recover from the financial troubles that he had run into after launching his son Sai Sreenivas as a hero.
Bellamkonda Suresh was a top producer until two years ago. After making movies like Chennakeshava Reddy and Lakshmi Narasimha with Balakrishna and Aadhi and Rabhasa with NTR, he was tagged as a top Nandamuri producer.
However, Bellamkonda lost huge money in films like Alludu Seenu and Speedunnodu, both starring his son. NTR’s Rabhasa was also a disaster. He was not the producer for Speedunnodu but secretly funded it. The film ended up as a disaster, though.
Bellamkonda finally had to sell his house to clear his dues. He is currently staying at a luxurious apartment.