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Akhil Akkineni is distraught with the result of Agent which turned out to be the biggest disaster in his career thus far.

Akhil is now set to announce his next project and we are hearing that this project will be announced by the end of July.

A new director is set to work on this film and it will be produced on a lavish scale by UV Creations. The filming will commence towards the end of this year.

More details about the cast and crew will be out in the days to follow.