Ram Madhvani: 'Kajol is not doing my film' Will Madhuri repl

There have been reports of Kajol backing out of the Hindi big-screen remake of the Danish television show Penoza. There have also been reports of the director Ram Madhvani opting out while Kajol stays on.

However Ram Madhvani put all the rumours to rest and spoke out about the confusion saying, "I am still doing the film. But not with Kajol in the lead."

Apparently the fee that Kajol wanted was not affordable for the project.

Says Ram, "There were some financial issues with the producers."

Ram is now looking at other options. Apparently Madhuri Dixit is a solid option as a replacement to Kajol. Ram isn't willing to commit himself at the moment. "Other actresses are in the loop. So we are proceeding... I am very fond of Kajol and respect her too much. Would love to collaborate with at some point with her."

Adds Deepak Dhar of Endemol the producers of the project, "Due to commercial reasons we (Kajol and the producers) took a mutual call to part ways. But we are committed to the project and going forward with it."