Written and directed by Teja, the film is almost ready and will be simultaneously released in Telugu, Tamil, Malayalam and Hindi, a statement from the makers said.
"'Nene Raju Nene Mantri' is perfect and chiselled to delight everyone, I always admired Teja's hunger for brilliance and this one is turning out to be a compelling and thought-provoking film," Rana said.
The film also stars Kajal Aggarwal, Catherine Tresa, Navadeep and Ashutosh Rana.
"Nene Raju Nene Mantri" is produced by Suresh Daggubati, CH Bharath Chowdhary and V Kiran Reddy under the banner of Suresh Productions and Blue Planet Entertainments.