If grapevine is to be believed, Emraan Hashmi was recently offered a 3-film contract by country's premier film making house UTV MOTION PICTURES. Surprisingly, Emraan is still contemplating whether to accept or reject the offer and is keeping everyone guessing.

Says our source, "Emraan is basically playing a wait and watch game. Yes, the offer does sound interesting but he first wishes to test the waters and also see how is it working out for other actors who have got into such details."

But what could really be the reason behind all the apprehension? Also won't it anyways add to his profile by being associated with a biggie production house like UTV? "If he had to jump to an offer like this, he always had Mukesh Bhatt's VISHESH FILMS to look up to", adds the source, "But he didn't sign any contract there too, right?"

Is it money, the kind of projects he is getting there or something else altogether which is keeping him waiting? "See, he is at such a stage of his career that he has to think a lot before he decides what is lucrative and what is not. Money is a good thing, yes, but then the projects and the kind of subjects he works on is of utmost importance too. He has to move up the ladder now and show the film world that he has in him which makes for a versatile actor. I am sure UTV would only offer him the kind of projects which he truly deserves; they realize his true potential and are well aware of his star and fan power. Let's wait for some more time and Emraan should be able to make up his mind."