In June 2022, Hera Pheri franchise producer Feroze Nadiadwala announced  Hera Pheri 3 will be released soon, featuring Akshay Kumar, Paresh Rawal and Sunil Shetty once again.

But now, reports are coming out saying that Kartik Aryan will be replacing Akshay Kumar in the franchise's third film.

Sources said, Nadiadwala was in talks with both Akshay and Kartik over the last few weeks.

The Khiladi actor was charging Rs. 90 crores as his fees plus some share of profit as his remuneration whereas Kartik Aaryan was willing to do it for Rs. 30 crores.

Nadiawala tried to convince Akshay again to enter into a profit-sharing arrangement but the conversations were not moving in the right direction and ended in a stalemate.

According to Akshay Kumar, the franchise benefits majorly from his presence and hence he wouldn’t change his fees.

Now, the script is being written with Kartik Aryan in mind.

Nadiawala in an interview said, Kartik is the best fit for the role of Raju. “Hera Pheri 3 warrants the presence of a young Raju," he said.

But fans will miss Akshay Kumar's deadpan humour in this film. He gave it a trademark quality.