Jackky Bhagnani cleared the air surrounding the alleged legal proceedings to be initiated by PVR Inox Pictures against veteran filmmaker Vashu Bhagnani over alleged dues. Bhagnani took to his social media handle to release an official statement, clarifying that the reports are “entirely inaccurate.”

Reports were rife that the veteran filmmaker was staring at another legal flashpoint involving the cinema chain, PVR Inox Pictures, with a 3-film agreement with Vashu Bhagnani’s production house, Pooja Entertainment. As part of the alleged understanding, PVR Inox had reportedly paid Rs. 100 crore as refundable advance to the production house and had agreed to release Mission Raniganj, Ganapath and Bade Miyan Chote Miyan. The understanding was that if the films failed to generate the expected results, Pooja Entertainment would refund the outstanding balance.