After the third round, Chikka was sitting pretty at 15-under 201 for the tournament.
This edition of the Surya Nepal Masters has brought the youth brigade to the fore with four amongst the top seven on the leaderboard.
On a day of fluctuating fortunes, Abhinav Lohan brought in the best card of the day, even as overnight leader Shamim Khan and opening round leader Angad Cheema shot an identical one-over par 73 to slip to the tied-fifth and seventh positions, respectively at 10-under 206.
Abhijit Singh Chadha was tied with Shamim, while Shivaram Shrestha emerged as the best Nepali professional after submitting a card of three-under 69 to be in the eighth position with a 54-hole tally of eight-under par 208.
Sanjay Lama was the next best at six-under 210 and was tied for the 11th position. Umesh Nagarkoti shot a four-under 68 to catapult into the top-15 and be tied with four others.