There is news all around regarding the sequel of the movie ONCE UPON A TIME IN MUMBAAI. The latest buzz that we have heard around is that the movie has exceeded its budget on paper and before its actual making. There is news that the filmmakers Ekta Kapoor and director Milan Luthria have not yet begin shooting for the movie and still are working on the budgets. However when Milan was contacted he said that they are all set with a sensible budget and they are focusing on making a movie that would be of advantage for everyone. He further claims that they will be setting the right standards as are expected from the sequel which is most awaited sequel these days and they are doing their part of the job sensibly. Further he said that the movie will begin shooting in May and that they are still in the process of finalizing the cast. He revealed that till now only Akshay Kumar has been finalized. From other sources we have learnt that the movie makers are trying to gear up Abhishek Bachchan and Shahid Kapoor for other leading characters in the movie. However when Milan was inquired he said that he could not comment on that till they finalize the cast which they will later this week. He also declared that they have not finalized the leading lady yet. Emraan Hashmi has been their lucky success cast but Milan clearly confirmed that Emraan is not the part of sequel as they have already finalized Akshay for that role.