puli_keka Posted February 12, 2015 Report Posted February 12, 2015 Real-life drama precedes 'Narasimhudu' release Chengala Venkata Rao, leading producer of Tollywood has attempted suicide by jumping into the Hussain Sagar River in Hyderabad. The police who were around at that time rescued him and took him immediately to Kims Hospital where he is recovering. Remember that his latest film NTR’s Narasimhudu was released amidst lot of trouble with the financiers this Friday. Chengala Venkata Rao had also produced Samarasimha Reddy, a blockbuster starring Balakrishna some years back. Now as an MLA of TDP, Rao had borrowed heavily complete Narasimhudu, which went over budget by Rs 5 Crore! In his hospital bed, he told Television reporters that the film has cost him Rs 20 Crore. So with the movie going into a deficit, he released the film losing money from his pocket. Now the buzz is that the film is pretty lukewarm at the box-office, which made him take this drastic step.
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