A couple of hours ago, Suresh, Chairman of Studio 9 posted a message on his official page stating that his production house is backing off from all the projects immediately, because of the loss he incurred in `Vasantha Kumaran`; a movie which was supposed to be done by, Vijay Sethupathy.

Indiaglitz spoke to the Rummy` actor for a clarification and he told us that he had informed everything about the issue to the actors` association and waiting for an official press release jointly from the producer and South Indian Film Artistes` association. He adds that, the true picture will emerge once the heavyweights sit and talk from both the associations, till then he won`t speak anything about this ongoing issue.