Producer Nandamuri Balakrishna has put an end to all the rumours pertaining to NTR Biopic. It is no secret that distributors have lost heavily on the first part of NTR Biopic titled 'NTR Kathanayakudu'. Rumors went overdrive that the second part rights are not going to be parted to the distributors of the first part.

In an official statement, Balakrishna stated that the buyers of the first part will release the second part as well. Not only that, he has come forward to bear the one-third of the losses incurred on the first part.

"He will also share 40 percent of the revenues of the second part to compensate all the buyers with every penny. This puts an end to the rumours surrounding the ‘NTR Mahanayakudu’ release. Balakrishna personally held talks with buyers and distributors to make sure they are on the safer side. Having got a thorough assurance, buyers and distributors are extremely happy and thanked Balakrishna for his kind gesture," the official statement said.

‘NTR Mahanayakudu’ is all set for a grand release on Feb 22. The film is directed by Krish