The Telugu movie, ‘World famous Lover’ starring Vijay Devarakonda was released recently. With the roaring popularity of the actor and performance in the box office so far, this movie was released with a lot of expectations and much fanfare!
However, right on the release date itself, the film was declared as an utter flop!. This has resulted in a huge loss for the distributors.
Subsequently, the distributors approached the producer K S Rama Rao! He, in turn, has approached Vijay Deverakonda for the compensation on this huge loss! It is gathered that the actor Vijay Devarakonda was paid Rs. 10 Crores for this movie!
In this juncture, it seems that for the balance of Rs. 2 Crores, the producer K S Rama Rao handed over a property - his apartment. It is gathered that now, Rama Rao is seeking the return of this apartment property as the compensation! It seems that he intends to use this amount to distribute among the distributors suffering losses!