Here is something for superstar Rajinikanth's fans to cheer.

The Telugu and US rights of Rajinikanth's most-awaited movie "Kochadaiyaan" has been sold for a reasonable price.

Hyderabad based Lakshmy Ganapathy Films has purchased the Telugu rights of the movie titled Vikrama Simha.  

The US rights of the movie have been acquired by Atmus Entertainment, a leading distributor of Tamil movies in the US. Confirming the news, the company posted a message on twitter saying: "Entertainment is proud to announce we have acquired the USA theatrical rights of Superstar's #Kochadaiyaan and #Vikramasimha."

"Kochadaiyaan" is all set to release in July this year. The movie starring Rajinikanth and Deepika Padukone is the first film in India to use motion capturing techniques in 3D, in the likes of Hollywood movies such as "Avatar" and "The Adventure of Tintin: The Secret of the Unicorn."

Fans of the superstar are eagerly to see their demigod on screen after a three-year hiatus. Rajinikanth was last seen in Shankar's blockbuster movie "Endhiran" (Robot), which was released in 2010. The actor was supposed to begin his next project "Rana", but the movie was dropped following health concerns that forced him to take a break from shooting for a few months.

The actor began shooting for "Kochadaiyaan" last year. The movie directed by Rajini's second daughter, Soundarya, is now in the final stages of completion. The "Kocahadaiyaan" team has flown to China to begin the post production work. Dubbing will begin on 24 March. 

The movie is about Pandya king Kochadaiyaan Ranadheeran. Rajinikanth reportedly plays a double role of a father and son. The movie boasts of an ensemble cast including Jackie Shroff, Nassar, Aadhi and Sarath Kumar. Music is composed by Oscar winner AR Rahman.