Few days ago, we have reported that Nagarjuna might be in trouble for alleged business contacts with Nimmagadda Prasad, A-12 accused in Jagan illegal assets case. Now we have the information that Nagarjuna is among the high-profile individuals who has invested heavily in Matrix Enport Holdings PVt Ltd, the special purpose vehicle created to execute the Vanpic (Vadrarevu and Nizampatnam Port and Industrial Corridor) project.

He reportedly had an equity shareholder holding 2 lakh shares of face value of Rs 10 each. After Nimmagadda Prasad was arrested and the Vanpic project got mirred, the actor wants to offload his shares in the venture. Lets see if actor manages to come out of this controversy.