The reason for Dharma Productions and Lyca Productions parting ways without producing a film together is not known yet. Meanwhile, Dharma has since moved on to explore options with Jio, we hear that Lyca Productions has been fumbling.
In fact, as per trade buzz in the industry, Lyca has now defaulted on their payment to the makers of the Akshay Kumar starrer Ram Setu. Revealing details about what exactly happened, a trade source informed a leading entertainment portal,
“Lyca Productions was to put in a certain amount of the total budget of Ram Setu, however the funding for the film never came through. A cheque of Rs. 30 crores issued to Akshay Kumar bounced around 10 days back. Since this affects the production of the film, the makers of Ram Setu are now on the lookout for a new production partner to replace Lyca Productions.”
As the makers continue in search for their new production, meanwhile, Akshay denies the development of the cheque bounce by stating that it was wrong information. Other side, a source close from the actor states that Lyca Productions is still very much part of the film, Ram Setu. Also, Ashish Singh from Lyca denied the news claiming that no such thing has happened and they continue to be associated with the project.
And despite these denials, news in the trade circles is that Lyca will probably replaced by another production house or else they will have just a small stake in Ram Setu.