In October 2010, he started a brand new project Rey, which will introduce the nephew from the Konidela family, Sai Dharam Tej. YVS is generating and directing it in his home banner ‘Bommarillu’. Having a budget of Rs 12 crores. Even after 16 months in shooting, the movie isn’t any where near completion. Both the heroines of the movie walked from the project.
According to reliable sources, it is heard that the entire investment for that film is being made by Pawan Kalyan. Few websites had reported that the film was shelved and YVS had cheated Pawan Kalyan through diverting the funds of Rey to Nippu.