Bollywood megastar Amitabh Bachchan has denied that his family was interested in picking equity stake in any of the franchises of the cash-rich Indian Premier League (IPL). Also Read - When Saroj Khan Gave 'Shagun Ka Sikka' to Amitabh Bachchan And Loved His Dance in Khaike Paan Banaraswala

“This news is incorrect,” Bachchan told IANS when asked about media reports on the issue. Also Read - Watch Xerxes Irani Show How to Exercise Correctly as You Stay at Home During Lockdown

Earlier, there were reports that the Bachchans had approached the Chennai Super Kings and Rajasthan Royals with proposals to buy stakes in the franchises. Also Read - MS Dhoni's New Look Could to Stump You | SEE PIC

While the talks with three-time champions CSK were reportedly unsuccessful, discussions with the Royals did not progress beyond the first round.

Interestingly, the Bachchan family already has stakes in Indian Super League (ISL) franchise Chennaiyin FC and Pro Kabaddi League (PKL) franchise Jaipur Pink Panthers.