Mumbai: Panic grips as sleuth of Income Tax knocked the doors of producers Shobu Yarlagadda and Prasad Devineni, who bankrolled the blockbuster film Baahubali.
On Friday, the Income Tax department officials raided the office and the residence of Shobu Yarlagadda and Prasad Devineni.
Speaking to India Today, Telugu producer -director Tammareddy Bharadwaja condemned the move and said that the Income Tax officials were victimisng the producer and that not a single producer from the industry had involved in illegal practices. He also said that the producers maintained proper documentation.
Directed by SS Rajamouli, Baahubali, The Beginning, which starred Prabhas, Rana Daggubati, Anushka Shetty and Tamannaah was highly successful and grossed over Rs 600 crore worldwide.
Meanwhile, the team is currently wrapping up the shoot of the much-anticipated sequel Baahubali: The Conclusion. The makers of the film recently unveiled the first look posters, which has piqued the curiosity quotient.
Baahubali: The Conclusion is slated to hit the screens on April 28, 2017.