Sankara, the Telugu remake of the successful Tamil film Mounaguru, will finally release in August after a long delay. The Thatineni Satya Prasad directed film stars Nara Rohith and Regina Cassandra, and was completed last year, but had been languishing in the cans for a long time due to financial hurdles. According to sources, Rohith acquired the theatrical rights of the film and is planning to release it under his home banner. The actor has also signed another project, titled Veerudu, a romantic entertainer directed by debutant BVV Chowdary.