Yeah, this hot news is being circulated in the industry now….

According to sources, Badshah of B-town Shahrukh Khan and Hollywood handsome star Leonardo Di Caprio will do a movie together. Titled 'Xtrme City', the film is said to be crime-thriller and the story will deal with the criminal underbelly of Mumbai.

The project will be directed by Paul Schrader, the noted writer of Robert De Niro's 1976 hit 'Taxi Driver' and it will be co-produced by the legendary Martin Scorsese.

The script has been co-written by Paul along with Mushtaq Shiekh, the screenwriter who did ‘Om Shanti Om’ and ‘Ra.One’ and a good friend of Shahrukh. The movie will be mostly shot in Mumbai, to match the story. Sources had it that the idea for such a deal was born last year when SRK had been in Berlin to promote his ‘My Name Is Khan’ while Leo and Martin came for their film ‘Shutter Island’. Mushtaq and Paul have been working on the script for a year now.

'Xtrme City' will be produced under SRK’s Red Chillies and Scorsese’s banner Sikelia Productions. We really hope for the best and the project gets finalised as planned….