Bollywood production house Pen Studios launched Bellamkonda Sreenivas in a grand manner with the remake of Chatrapathi. The production house believed that the actor would get huge openings in the North Indian belt as his dubbed films got record views on YouTube. Pen Studios inked an agreement of three films with Sreenivas and the plans are changed after the film’s release. Chatrapathi failed to recover even the publicity costs and is declared as a dud. Pen Studios has invested Rs 60 crores on the film and Bellamkonda Suresh completed the film in Rs 40 crores.
Pen Studios is now mounting pressure on the actor to return back Rs 20 crores along with the interests. The discussions for the same are going on and Bellamkonda agreed to repay them from the remunerations of his upcoming films. 14 Reels Plus is now producing a film with Sreenivas in the direction of Sagar Chandra. They too approached Pen Studios and got their approval before they commenced the shoot of the film. This is because, Pen Studios is having a deal of three films with Bellamkonda Sreenivas. The actor is now completely focused on Telugu films and he is lining up three new projects next year.