What happened to Nayanthara-Arivazhagan project?

This was a project that was affirmed by Director Arivazhagan before few months. But then recently there have been some stories being spread across the nook and corners of the Tinsel Town that the project is getting dropped. It was learnt through some sources that PVP cinemas that was supposed to produce the film had some creative differences and yet stepped out from funding it. Nevertheless, it is now reported that Nayantara is so much impressed with the script and has assured the director that she will get a good producer. Well, Arivazhagan who is riding high on the success of Kuttram 23 is quite happy about this supportive gesture of Nayantara.