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The remake of the PN Menon film 'Olavum Theeravum' (1970), which was the first movie to be shot entirely outside a studio, is yet another highlight of the project.
The epic-based film will be produced in two parts of 3-hr duration each, and will hit the silver screen by 2020, Shetty said.
The writer and scenarist has approached the munsiff court in Kozhikode to get back the rights to the script as the contract with director Sreekumar Menon expired.
The legend of the temple is so ancient that it begins from the age of Sage Parasurama. This area was among the oldest settlements of Brahmins in Kerala.
M T Vasudevan Nair and director Srikumar Menon is embroiled in a legal battle over delay in beginning the work on the movie.
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