If reports are to be believed, few hours ago, the Tamil Nadu theatre owners association has stalled the release of Vishal-Kajal Aggarwal starrer Paayum Puli, which was slated to be released on September 4th. Sources say the reason is that the producer of the film Vendhar Movies, is yet to make the financial settlements with regards to Rajinikanth's Lingaa.

"Only half of the promised settlement has reached the distributors of Lingaa. Rajinikanth and the film's producer Rockline Venkatesh managed to settle the loss, but distributors from North and South Arcot, Chengalpet and Trichy are yet to receive the compensation," a member from the theatre owners association is reported to have said. However, the Tamil Film Producers Council (TFPC) has come forward to support Vendhar Movies in this regard.

A statement from the TFPC reads as follows: "If the exhibitors association doesn't withdraw the red card immediately, the matter will be brought to the notice of Tamil Nadu State Government to resolve the issue in a democratic way."

However, there are no official announcement or confirmation on the same. Let's wait and watch the fate of Paayum Puli!