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We have recently read about the speculations related to the cast of Dhanush's fantasy movie Maareesan. The latest to hear about the much-hyped movie is that UTV Motion Pictures has backed out of the film. As a result, the Tamil movie has fallen into the laps of producer Aascar Ravichandran.

Reports claim that UTV Motion Pictures wanted to cut down the proposed budget of Maareesan. Director Chimbu Deven, who had reportedly quoted Rs 30 crores, was told to reduce the amount. However, the director was firm on his stand and did not want to reduce the price, which forced the production house drop the Tamil movie.

In the meantime, Aascar Ravichandran, who is gearing up for his biggest-ever release Velayudham, decided to chip in to produce the Maareesan because he found the project interesting. But the producer has not finalised the deal and soon he is expected to complete the formalities with the cast and crew.

Maareesan is said to be a fantasy film, which has the 12th century backdrop. The movie reportedly features Genelia D'Souza and Hansika Motwani in the female lead roles.

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