According to Johar's film banner Dharma Productions, the filmmaker is in no mood for celebration as Mumbai has seen lot of tragedies in the recent months, including the serial bomb blasts in local trains in which nearly 200 people were killed on July 11.
Karan will now directly release the movie on August 11 without any fanfare and glitz, which is normally associated with big budget Bollywood films.
KANK stars Bollywood megastar Amitabh Bachchan, Shah Rukh Khan, Preity Zinta, Rani Mukherjee and Abhishek Bachchan.
Karan has earlier made blockbusters like 'Kuch Kuch Hota Hai', 'Kabhie Kushi Kabhie Gham' and 'Kal Ho Na Ho'.