Rhea Chakraborty, previously seen in Mere Dad Ki Maruti, is playing the female lead.
The comic-thriller was earlier set to star Kapil Sharma but the comedian and YRF's three film deal did not work out.
The film revolves around three idiots trying to rob a bank who pick the worst day possible to do this.
'Bank-Chor' is directed by Bumpy and produced by Ashish Patil. The movie is slated for an early 2015 release.