Prakash, who primarily started his career with southern films, has also produced and directed several films there.
"I want to direct a Hindi film. There is a plan... News will roll in as it happens. As of now, I don't want to say anything on it," Prakash told PTI.
Till now, he has essayed the role of the baddie with elan in Bollywood and is happy with the way his career is shaping up.
"There are lot of heroes and villains in films today with lot of action films coming up. So I have got a place here," Prakash said.
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The original role was played by Ajit in the 1973 blockbuster.
Prakash, 48, portrayed a strict Army officer in the recently-released 'Bhaag Milkha Bhaag'.
"It is a refreshing change to play a role like this. It is rare to get such a role and film like this. This is a film where you are not an actor, you are part of the film, you are part of that moment.