Good news for all Munnabhai series fans. Our dear Munnabhai is coming again for the third time and its Sanjay Dutt and Arshad Warsi in their most loved roles as Munna and circuit.

Putting all the speculations to rest, our highly placed sources confirm that the 3rd installment is happening with Sanjay and Arshad but there's a twist in the tale.

Raju Hirani will give equal space for his assistance Raju Mapuskar to join as his co-director. The movie will most probably be called 'Munnabhai Chale Amerika' and will have a facelift keeping the basic elements intact.

Writer Abhijat Joshi and Raju Hirani had given a broader and bigger canvas for Munnabhai 3rd installment and it was jointly decided by Hirani and Abhijat to have Raju Mapaskar as the co-director.

'Munnabhai Chale Amerika' is likely to hit screens by early 2013.