The event was the annoucement of 'Hera Pheri 3'. The movie will star Suniel Shetty, Paresh Rawal, John Abraham and Abhishek Bachchan. Akshay Kumar is not part of this movie. The movie will be directed by Neeraj Vora. At the event Paresh Rawal admitted that he missed Akshay Kumar and also made it clear that Akshay wasn't replaced it is a totally new project. Abhishek Bachchan was also very happy as he shares tremendous chemistry with John Abraham. For more info watch this video.