The grapevine is abuzz with the news that Megastar Chiranjeevi will announce his decision of setting up his own party on April 7th, coinciding with the Ugadi day.
We have also heard that the party name will be 'Swayam Krushi' and the party sign will be Netram (Eye).
Making their joy explicit, Chiru's fans from all over the State have already started celebrating the occasion.
However, when contacted by CineGoer.com, Nagababu dismissed the rumours in this connection as false and baseless. He requested the fans to wait for the official statement by Chiranjeevi before coming to any conclusion.