The makers of 'Acharya' have on Wednesday put an end to rumors speculating the postponement of the big-ticket movie. Matinee Entertainment today said that the film is on track to hit the screens on May 13.

"We wish to inform that we have completed a month-long schedule in Rajahmundry and Yellandu of Andhra Pradesh and Telangana, respectively. Both Chiranjeevi garu and Ram Charan participated in the schedules under the direction of Koratala Siva. A major portion of our film was completed with the schedule," the banner said.

The banner, which is producing 'Acharya' in association with Konidela Production Company, reconfirmed that the film will release on May 13.

Mega fans must be heaving a sigh of relief with the update. There were rumours that the film won't release in time.