Well the news is that Mahesh Babu has walked out of his much-publicized venture with UTV Motion Pictures. Touted to be the foray of popular production house into Tollywood, the movie was supposed to be directed by Koratala Siva. According to grapevine, Mahesh Babu miffed with the “too-many conditions” imposed by CEO Siddharth Roy Kapoor, husband of Vidya Balan.

Now the news is that new production house Mythri Movies, which has foothold in overseas distribution, is going to produce the film and replace UTV Motion Pictures. Mahesh seems to have given a fitting shock to Vidya Balan’s husband.

After few guidelines from Mahesh, Koratala Siva reworked on the story and Mahesh is now contended with the script. The movie will go onto floors after Mahesh wrap up his present commitment Aagadu. The other cast and crew are yet to be finalized. Now UTV Motion Pictures, which is set to debut into South, is said to be in doldrums.