The latest news doing the rounds in Tamil film industry is that the much talked about big budget venture Marmayogi by Kamal Hassan has been shelved.

Pyramid Saimira who were to jointly produce it with Rajkamal International, is reported to have pulled out of the project due to lack of funds. According to an insider, Pyramid's continuous flop projects has forced the company to shelve the project. Kamal requires huge money, nearly Rs 100 crores and 2 long years to complete the movie.

Sources say that, Kamal is going to start a new venture Thalaivan Irukkiraan, for Gemini Films Circuit, which had made Vasool Raja MBBS earlier with Kamal. An official announcement is expected shortly, once the star cast and technicians are finalized.

As per the rumours it is going to be an action packed adventurous film to be shot in US and Switzerland. It will have stars from most of the Indian languages like Rishi Kapoor, Venkatesh and Mohanlal and the music by AR Rahman.

The film will also be written and directed by Kamal Hassan.