Allari Naresh's new movie under the direction of E Sattibabu was launched on Mar 17 in a low profile event. Earlier, the duo have teamed up for 'Betting Bangarraju' which has become moderate success at box-office. After a long hiatus, Chanti Addala is going to produce this film on Friendly Movies banner.  Touted to be a socio fantasy entertainer, this untitled film will be made with highest budget in Allari Naresh's career. Kiran Kumar of 'Sri Rama Rajyam' fame has been roped in as art director of the film. A leading actress is likely to play female lead and yesteryear heroine Ramya Krishna is playing a key role in this film. Koti is scoring the music. The regular shooting of the film will begin from April and is expected to release in August.