BAAHUBALI PRODUCER IN TROBLED
THE BIG NOTES EFFECT TO BAAHUBALI THE BIGGEST SHOW PRODUCER RAIDS.
THE PRODUCERS OF BLOCKBUSTER HIT BAAHUBALI HAVE BEEN RAIDED AT THEIR HOMES IN HYDERABAD.Baahubali, a historical fiction epic, was released simultaneously in Telugu and Tamil in July last year and became India's biggest-ever hit, doing business of over 650 crores worldwide. It was also dubbed in HIndi.The offices and homes of producers of Baahubali were raided today.Nearly 60 crores of banned Rs. 500 and 1,000 notes were allegedly found.The high-denomination currency was declared illegal by PM Modi.The sequel is to be released worldwide in April and distribution rights have been sold for several hundred crores. The offices and homes of producers Shobu Yarlagadda and Prasad Devineni were raided today, allegedly because nearly 60 crores of the discontinued R. 500 and Rs. 1,000 notes were believed to have been hoarded there.
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