Victory Venkatesh and director Maruthi have joined hands for a new movie. Speculations were rife that the film has been titled Radha Krishna but the filmmaker has denied the news. According to latest reports, Maruthi has finalised four titles for the film and requested Venkatesh to pick one among them. The titles Babu Bangaram, Diamond Raja, Raja Ratnam and 24 Carat Bangaram are being shortlisted keeping in view of the story line of the film.

Though Maruthi wanted to name the film Babu Bangaram or Raja Ratnam, Venkatesh is pressing on Diamond Raja as the film's title. However, the title will be confirmed before the shooting commences. The film will reunite the magical pair of Venkatesh and Nayanthara after LAkshmi and Tulasi. Ghibran is scoring the music and Vamsi Krishna is producing the film under Sitara Entertainments banner.

The film will be launched on December 16 and the regular shooting will commence from the very next day.