An all-India hunt has been launched for a face to star opposite Jackky in the film, which will be directed by Rajkumar Santoshi.
Senior Bhagnani said: 'I made one flop and then a superhit with my son. 'F.A.L.T.U' had no big names playing the leads, yet it worked. It's the script that finally works. How many times do we need to be reminded of this?'
'I read a report that I had offered Katrina Kaif Rs.20 crore to work with my son. Which insane producer would offer that kind of money to any actress? Wouldn't I be better off using that money to make sure my son's film is well-made?
'I've known Katrina from the time she came into the industry. I had offered her 'Out Of Control' opposite Riteish Deshmukh. She had turned it down. But we remained on cordial terms since then. If I thought Katrina to be suitable for a part, I'd ask her.'
Bhagnani feels it is demeaning for a producer of his standing to be going from door-to-door looking for a leading lady for his son.
'There're just four-five big-name heroines. We need at least a dozen more girls. Rajji has auditioned 30-35 girls. We'll soon finalise a girl for Jackky's film,' he said adding that he has pledged to produce three films in the coming year for his son.
'Not that I don't want to work with other actors. Sajid Khan is directing Ajay Devgn for my banner next year. In addition, I'd be happy to work with Riteish Deshmukh, Arshad Warsi, Tusshar Kapoor and Abhishek Bachchan all my life.
'But with my son, it's a different equation. He is naturally special for me. And he has given a hit for my banner. He's hard-working and a talented boy. So why not? I've three films on the anvil with Jackky. After Raj Kumar Santoshi there's a film to be directed by Milap Jhaveri. There's also the sequel to 'F.A.L.T.U' that Remo D'Souza is working on.'