Kapil Sharma in the sets of 'Comedy Nights with Kapil'
Kapil Sharma in the sets of 'Comedy Nights with Kapil'Varinder Chawla

Kapil Sharma has reportedly lost out on his first Bollywood film "Bank Chor" with the Yash Raj Film (YRF) production.

The production house made an official announcement on Thursday and said that the decision was made through mutual consent. "We look forward to working together in the future when the time is right" The Times of India quoted Ashish Patil, Business & Creative Head, Youth Films, Talent Management & Brand Partnerships at Yash Raj Films.

The sudden fall in the film deal has raised numerous questions regarding what may have caused the issue. It has been reported that Sharma was delaying the shoot for the film as he is busy shooting episodes for his TV show "Comedy Nights With Kapil."

"The film was slated to go on the floors in April, but Kapil kept delaying it as he wanted to build a bank of episodes of his show and get in shape for the film" Mid-Day quoted a source.

Another possible reason could be the fact that the cast of the film has not been finalized yet. Some reports suggest that Nargis Fakhri had been approached for the lead in the film but the actress apparently turned down the offer citing date issues.

On the other hand, Sharma is said to have been looking forward to the film and has even made his joy evident in various episodes of CNWK.

"He was quite excited about the project and had even suggested a few changes in the script. This could also be one of the reasons why the film deal hasn't worked out. Moreover, the controversies surrounding Nargis and KRK brought in negative publicity for the film," another source added.

However, the spokesperson for the production house clarified that all is well between the production house and the standup comedian.

While the actor-comedian has been successful in amassing global fans and has impressed his viewers irrespective of their age groups through his most watched television show "CNWK", he has come under the scanner in recent times due to his twitter spat with Kamaal R Khan.

The comedy king of television is also the brand ambassador of Honda Mobilio. The deal is his first endorsement contract and he portrays the role of a salesman in the commercial. The comedian received several offers for endorsing products in the past as well, but wished to be a part of those products that he truly believes in.