Despite the film turning out to be a hit, Prakash Raj did not pay up the loan and the financier has now sought an action with a plea that Payanam’s copyright and negative rights should not be handed over to Prakash Raj if the amount is not settled.
When Prakash Raj offered one of his properties as surety, the court rejected it on grounds that it is owned by his former wife Lalitha Kumari. Immediately, Prakash Raj’s advocate submitted an application that Lalitha is willing to give the property as surety and the court vacated the stay on Payanam’s release.
