Madhavan was approached for Rakeysh Omprakash Mehra and Prernaa Arora's production, which stars Anil Kapoor and Aishwarya Rai Bachchan in the lead roles.
`I loved the script and was really keen to be part of an interesting ensemble like Fanney Khan, unfortunately I couldn't commit to the project due to date issues. I wish the team of all the luck,` Madhavan said in a statement.
While Arora said, `I think Madhavan is one of the finest actors we have today. I look forward to working with him in the future`.
This comes after Rajkummar Rao was added to the cast of Fanney Khan.