Is Chiranjeevi collaborating with director Mallidi Vasishta for the epic fantasy film 'Mulloka Veerudu'?

In a surprising turn of events, Megastar Chiranjeevi has reportedly signed on to star in a fantasy film titled 'Mulloka Veerudu.' After the tremendous success of his recent blockbuster 'Waltair Veerayya,' Chiranjeevi has taken his time to carefully select his next project, and it seems like he has found an intriguing script that has piqued his interest.
The film will be directed by the talented and young filmmaker Mallidi Vasishta, who gained significant recognition for his sensational socio-fantasy film 'Bimbisara' starring Nandamuri Kalyan Ram. Although many expected Vashishta to focus on the sequel to 'Bimbisara,' he surprised everyone by setting up a project with none other than the legendary Chiranjeevi.
Reports suggest that Mallidi Vasishta has penned an engaging socio-fantasy story in the vein of Chiranjeevi's earlier iconic film 'Jagadeka Veerudu Atiloka Sundari,' and the Megastar was captivated by the narrative. This mutual admiration led to Chiranjeevi's nod of approval for the project, which subsequently earned the title 'Mulloka Veerudu.'
Amidst the excitement surrounding this new collaboration, there have been rumors of delays in the production of 'Bimbisara 2' due to creative differences between Kalyan Ram and Vasishta. It appears that Vashishta is keen on taking a break from the 'Bimbisara' franchise and instead wishes to explore the opportunity of directing a film with a renowned superstar.