Director Puri Jagannath, who is known for making hit films like Pokkiri is in the news on a sad note. Sources close to the director revealed that the director is bankrupt. Also, the director did not respond to the rumour and the media people have confirmed the rumor. Now, the director has clearly stated that he was cheated by his friends for a whooping amount of Rs. 85 crores. Also, he has strongly said that he will never quit cinema and this would be a chance to concentrate on his directorials.