Raktha Charitra - I sold for 12 crores

The Telugu version of Ram Gopal Varma’s trilingual Rakta Charitra (part 1) is sold for 12 crores as per the producer Madhu Manthena. Happy Movies (C Kalyan, Raj Kumar and Chinna Vasudeva Reddy) grabbed the rights. Rakta Charitra will hit the marquee in the month of August. Rakta Charitra is highly relevant in Telugu because it is a fictional film on the life of political leader Paritala Ravi.