ALSO READ | Paresh Rawal’s unceremonious exit, Akshay Kumar’s lawsuit, Priyadarshan and Suniel Shetty clueless: Is the team doing Hera Pheri with fans?

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The notice said that the teaser was shot on April 3, and more than three minutes of footage was shot with Paresh. “The teaser shoot commenced on 3rd April 2025, and over 3 minutes of footage was shot with Mr Rawal. He also engaged in creative discussions and planning with fellow cast members, including Mr Akshay Kumar and Mr Suniel Shetty. At no point during this period were any concerns raised by Mr Rawal regarding creative issues,” it said.

Akshay’s company has claimed that Paresh’s exit has incurred heavy losses on the production house. It further read, “It is only after these significant investments and scheduling commitments were made that Mr Rawal abruptly attempted to exit the project, citing vague and belated creative differences. Cape of Good Films firmly believes that this justification is an afterthought, contrived to inflict maximum disruption on a beloved film franchise and undermine the goodwill it commands. The sudden and unjustified withdrawal has caused severe financial loss, disrupted schedules, and jeopardised the momentum of a high-value production. In view of this, Cape of Good Films has demanded damages to the tune of Rs 25 crores from Mr Rawal. If the demand is not complied with within seven days, the company will be constrained to pursue appropriate legal remedies, including civil and criminal action,” the statement read, detailing the losses that the film will incur due to Paresh Rawal’s exit.”

Hera Pheri, directed by Priyadarshan, originally released in 2000. The sequel, directed by Neeraj Vora, titled Phir Hera Pheri, released in 2006. Since then, fans have been demanding that the franchise must have a third part as well. In 2022, Akshay had said at the Hindustan Times Leadership Summit that he was offered Hera Pheri 3 but he chose to let go of the project because he did not like the script. But, things changed a few years later, and eventually, all three actors came on board with the original director but it seems like Hera Pheri 3 will have to witness a few more obstacles before everything can be worked out.