Actress Priyanka Chopra is not Bollywood's face of Pepsi any more. She has walked out of the deal because she was not happy with the money being offered to her.

The electronic media has been going to town about how Priyanka had been "ousted" from her cola status. "Wrong!" says a very close friend of the actress.

"Priyanka just couldn't agree with the price that was being offered. The Pepsi people wanted her to work for the same fee again that they paid her earlier. Priyanka wanted to re-negotiate the deal. When the company didn't budge, she opted out," the source said.

Adds the friend: "Priyanka is flush with endorsement assignments. In fact, she's at this very moment shooting an ad with Saif Ali Khan in Bangkok."