Well known film producer Nimishambha Chandrashekhar  who has produced hugely successful films like "Karpooradha Gombe', "Annaiah" and "Bindaas' is now making a new film with Kiccha Sudeep which will be mounting the sets after the completion of  K.C.N.Kumar's new film to be directed by Ram Gopal Varma.

The  announcement about the film came in a press meet of "Varadanayaka' in which Kiccha called Prem to announce that he will be directing Chandrashekhar's film.  Speaking at the function, Prem said that the film will be launched on midnight of December 31-1st Jan 2013 in a grand manner.  Later Chandru also sent news items suggesting that his film will be directed by Prem.

But the new year celebrations have just passed and there is no trace of the inaugural function announced by Prem.  Now, the news is that Prem is out of the project and Chandru is searching for a new director. The details of the new set up of director and technicians will be announced shortly.

Prem will be directing one film for Soundarya Jagadish and will be acting in two films for other directors.  Meanwhile, It is also said that Prem has got a nod from Kiccha for a film to be produced under his home banner.