Venkateswara Rao, a distributor from Guntur district has committed suicide by hanging himself yesterday. Although the reason for his suicide is still not clear, as per the reliable sources it is understood that he recently purchased the distribution rights of Pawan Kalyan’s ‘Puli’ for Guntur and Prakasam districts and it’s incurred huge loss due to its failure at box office.
Apart from this he is planning to buy ‘Mahesh Khaleja’ distribution rights yesterday. On his way to buy the film with an advance of Rs 9.4 lakhs briefcase was stolen near the Sangham theater in Chirala. But since there is no reason for his suicide is unclear, let’s wait for the results of the police investigation.