Hero took loans to return losses?

Generally, in the film industry, heroes receive pretty significant termination while the producer takes the majority of the risk when it comes to the financial matters. But for a change, several heroes are starting to become more vigilant and concerned about the safety of the producers.

In this context, we have the case of talented young Telugu Hero Sidhu Jonnalagadda, who reportedly returned a major part of his remuneration for his previous film, Jack.

Reportedly the film did not make any money at the box office and it brought huge losses to the production house. Subsequently, Siddhu took the tough decision of returning the major part of the remuneration for this film as he reportedly returned in the range of ₹4.75 crore.

However, this was not a straightforward transaction as the Hero had to reportedly take a loan to repay the losses incurred. He revealed that he is still having to pay the interest amounts to these transactions.

“I had to take external loans and pay the interest amounts in order to return the money that I had returned for that film. The film simply did not work, and I had no regrets in returning my portion of the original remuneration.” Siddhu said.

Not often do we see heroes having to take loans to clear the debts or perhaps return of advances for a film in case it doesn’t work. But the case of Siddhu Jonnalagadda is a different story altogether. He faced a significant setback with the same.