While news has it that Pooja Bhatt has stepped out of ‘Bad’, co-produced by Wave and Cynozure Networkz, the makers confirm that her exit had little to do with budget concerns but was in fact a mutual business decision.

Producer Amit Kapoor of Cynozure Networkz clarifies, that everything is panning out as scheduled, with the film releasing in the mid half of next year.

Putting an end to speculation Amit Kapoor stated, "The exit of Mrs Pooja Bhatt from the film was a business decision taken between two production houses. It had nothing to do with the creatives or the budgets. My company and Waves were always the producers of the film and still continue our belief and faith in the project. The film is making excellent progress and we shall release the film mid next year as always planned. In future if I get an opportunity I would love to work with her again."

Directed by Prawaal Raman, ‘Bad’ stars Randeep Hooda and Richa Chadda is currently being shot in Goa.