Burying old hatches, Shah Rukh Khan and Abhishek Bachchan have made their renewed friendship open and clear for all to see. The two stars, having bonded well on sets of their film ‘Happy New Year’, are said to be quite happy to be in each other’s company. So much that expensive gifts are being exchanged!

Buzz is that Abhishek recently gifted the Badshah a bicycle, worth nearly Rs 12.5 lakhs! And guess what SRK gave him in return - gifted him a Rs.12.5 crore worth bike! Oh Gosh, na!!! In fact, the King Khan seemed to be in very "luxurious" mood these days - for, recently on Valentine’s Day the superstar gifted his dear wife Gauri a Mercedes.

Well, sources believe that since the super-duper hit success of his ‘Chennai Express’ SRK is very much in happy spirit. Besides, his current project is making great progress and shaping up well.

It can be recalled that Abhishek and SRK’s cold war started when the latter dropped Aishwarya from his film ‘Chalte Chalte’. Following which Abhishek and Aishwarya didn’t invite SRK and Gauri for their marriage. But then, the two actor dropped weapons and shook hands at Karan Johar’s birthday party few years back. And since then All is extremely well between SRK and Abhishek; so much that they have been great pals and often partying together.