Koratala Siva got himself involved with the business side of Acharya and that has landed him neck deep in trouble. Siva had apparently acquired Acharya from the producer Niranjan Reddy for Rs 4 crores premium above his investment.
Now that the film has bombed at the box office, Siva is reported to have to settle the losses that were incurred to the buyers.
It is heard that Siva is being pressurized by Ceeded and Nizam distributors as they seek compensation for the losses. Siva’s friends released the film in Andhra region so there isn’t much pressure from here.
Siva’s immediate job is to settle the loose. In accordance, the senior director is learned to be attempting to sell off a plot in a prime area in Hyderabad for somewhere around Rs 40 to 45 crores.
It is said that Siva plans to compensate Acharya buyers by selling off this plush property. He apparently sees this as his way out.
