Producer Allu Arvind is thinking seriously to make another grand movie like his latest release "Magadheera", a four hundred years old love story. He is toying with the idea of taking up Palnati Charithra for this venture. The story of Palnati Balachandrudu would be launched in 2011 with rich graphics and high budget. The title role of Palnati Balachandrudu will be played by Allu Arjun.
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