Korean Kanakaraju Might Have Already Recovered Its Money — Before Even Releasing

Some films win at the box office. Others quietly win before the box office even opens. Reports suggest Varun Tej Konidela’s upcoming horror comedy “Korean Kanakaraju” has locked in a non-theatrical deal worth Rs 26 crore, covering the film’s digital and satellite rights. If accurate, this deal alone could recover a significant chunk of the movie’s production budget — well before a single ticket sells. The makers, however, haven’t officially confirmed the figure.

Directed by Merlapaka Gandhi, the film blends Indian and Korean horror-comedy elements and is set to release in theatres on August 7, 2026. Its title teaser already hinted at Varun Tej’s character being possessed by a spirit, setting the tone for a quirky supernatural ride. The team recently dropped their second single, “Rasaagummadi,” composed by Thaman S, giving fans a peppy preview ahead of release.

The film also stars Ritika Nayak as the female lead and Satya in a key role.

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Korean Kanakaraju: Overview

What’s Next for Varun Tej

Varun Tej was last seen in the period drama “Matka,” which underperformed both critically and commercially. After “Korean Kanakaraju,” he’ll star in “Bhari,” a volleyball-themed sports drama directed by Yadhu Vamsee, positioned as a pan-Indian release.

If the reported deal holds up, it gives “Korean Kanakaraju” a financial cushion regardless of how theatrical numbers turn out — a smart hedge for a genre film banking on curiosity value.

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