The IT raids on Mythri offices last month shook Tollywood and Bollywood alike.
Mythri Movie Makers, the leading production house in Tollywood, wanted to expand its presence in Bollywood. With this plan, they made a substantial advance payment to Bollywood director Siddharth Anand.
Siddharth Anand was concerned about possible cases and investigations following IT raids on Mythri Movie Makers. He did not want to get involved in unnecessary cases and investigations due to rumors about hawala transactions.
Therefore, he returned the advance payment to the production company. Mythri, on the other hand, abandoned its plans in Bollywood.
The production company will not work on projects in Bollywood. Furthermore, producer Dil Raju had a bad experience in Bollywood and lost a lot of money. Mythri's first step resulted in IT issues.
So, Siddharth Anand's film with Prabhas will not happen. However, Mythri Movie Makers might produce a Telugu film with Prabhas in the future.
Not only Mythri, but also all Tollywood stars and production houses are treading carefully now.
However, there is only one Tollywood production banner that will continue to produce pan-Indian projects and Bollywood films because the producer has the full support of the Central BJP leadership.
