7.5 crores for Varun Tej in Nizam

Update: 2015-11-18 06:48 GMT
That's a jaw dropping figure, but hero Varun Tej is scaling places as his latest movie "Loafer" is getting such enormous deals.

Abhishek Pictures, a new firm on the distribution map, has now bagged the theatrical rights of Puri Jagan directorial "Loafer" which features Varun Tej and Disha Patani in the leads. They have shelled out an whopping 7.5 crores to clinch the rights. Whether that investment is recoverable or not is something dependent on film's performance at box office, but surely Kanche has expanded mega hero's box office range.

"Loafer" will be hitting screens either in December 3rd week or first week of January.
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