In a shocking update top producer Bellamkonda Suresh's office was seized by Kotak Mahindra Bank yesterday. According to the reports, Bellamkonda owed a huge amount of money to the bank but not paid it back.
As Bellamkonda had not responded to the bank for their request of paying the amount back, the bank's officials had to take action and so was the confiscation of the producer's office. It is being said that Bellamkonda spent a bomb for launching his younger son Bellamkonda Sai Srinivas as a hero in 'Alludu Seenu'. However, the movie stood as a cost failure irrespective of its high budget and top technicians being worked for the project.
Bellamkonda's hardships were not ended with 'Alludu Seenu'. The producer recently made 'Speedunnodu' movie with his son as the hero. The movie encountered a debacle at the ticket windows such a way Bellamkonda had to be indebted huge sum to Kotak Mahindra Bank and so was the action taken by the bank's officials.