Did R. Madhavan lose his house while funding for Rocketry?

R Madhavan impressed everyone with his directorial debut Rocketry The Nambi Effect and the movie has been receiving a lot of appreciation from the audience and critics. The movie also received a standing ovation at the Cannes Film Festival. However, speculations are rife that Madhavan lost his house to fund Rocketry: The Nambi Effect. One Twitter user shared a post on Twitter that read, “Madhavan lost his house to fund #Rocketry and directed this movie when the original director had opted due to prior commitments. On another note, his son, Vedaant, is winning medals for the nation in swimming. Salute for Maddy!”

Reacting to this tweet, R Madhavan replied, “Oh Yaar. Pls don’t over patronize my sacrifice. I did not lose my house or anything. In fact all involved in Rocketry will be very proudly paying heavy Income Tax this year. Gods grace We all made very good and proud profits. I still love and live in my house.” The Nambi Effect, the movie is a biographical drama written, produced and directed by R Madhavan. Based on the life of Nambi Narayanan, a former scientist at the ISRO who was accused in an espionage case and later exonerated. Madhavan played the titular character in the movie and it also starred Simran, Rajit Kapur and others in pivotal roles.