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Apart from making films like Vaishali, which created a stir in Malayalam cinema, his film distribution company distributed films like Innale, Kauravar, Vengalam and Chakoram.
The jeweller had also been a producer of Malayalam films.
The assets of Ramachandran, wife Indira and Atlas Jewellery Private Limited have been attached by the agency.
If a kilo of gold is purchased from the UAE, then it would cost about Rs 43 lakh going by the current rates. The price becomes Rs 49 lakh when it lands in India.