Tollywood’s senioer producer Devi Vara Prasad passed away today (December 10th, 2010) at KIMS Hospital in Hyderabad.He was suffering from diabetes and lungs disease rom a long time.Devi Vara Prasad produced many hit films with Senior NTR and Chiranjeevi under Devi films banner.
Devi Vara Prasad produced films like Tiruguleni Manishi, Chattamtho Porattam, Kondaveeti Raja, Manchi Donga, Gharaana Mogudu, Alluda Mazaaka etc.
Heavy budget Mrugaraju film turned out to be a disaster and then he pushed out of gear. MS Narayana directed his last film Bhajantreelu, which was also a disaster. Ever since his health and financial condition deteriorated until finally he breathed his last today.