Chennai: Two producers of Baahubali Shobhu Yarlagadda and Prasad Devineni felt the heat when sleuths from income tax department conducted simultaneous raids at their homes and offices on Friday.
According to a report, filmmaker Tammareddy Bharadwaja criticised the I-T raids by saying that the I-T officials are raiding only for ‘time-pass’. Another media reported that the
Baahubali 2 producers sold the film for a whopping amount to the distributors and took large sums in advance from them. Acting on a tip-off, the I-T department conducted the raids.
Deccan Chronicle reported last month that filmmaker Karan Johar had backed out of buying the Hindi distribution rights of the long-awaited sequel as he was not willing to pay the huge amount charged by the producers of the film.