Prakash Jha has cleared the doubts over the release of his much awaited 'Aakarshan'. The producer director is confident that the movie will release worldwide as schedule on August 12'.

Prakash Jha clarifies, "Prakash Jha Productions is the sole rights-holder of Aarakshan. All rights and authority regarding the business of Aarakshan are vested with Prakash Jha Productions. The cheque-bouncing issue is between Mr. Feroze A. Nadiadwala and Mr. Sushil Gupta. It has nothing to do with Aarakshan. Mr. Nadiadwala is sorting it out. Aarakshan will release worldwide on August 12th, as per schedule."

Prakash Jha's 'Aarakshan' has been in the controversy galore. Recently, the Madras High Court has brought down a stay on the movie's release. The stay was brought into effect by a financier Madhu Gupta and CG Photo Ltd owing to unpaid dues by Aarakshan's producer. The loan amount is alleged to be nearly 3.75 crores.

But now with Prakash Jha's clarification, the release seems to have got a green signal.