A report in a daily indicated that Ranveer's father invested in the Rs.10-crore film, and that no talent-hunting procedure was organised to find out the male lead.
YRF has denied it all.
"For a Studio like Yash Raj Films, which is spearheaded by a much respected doyen of the film industry, Yash Chopra, we do not need to stoop to this and nor do we select our cast based on them funding us, " added Gangjee.
Releasing Dec 10, "Band Baaja Baaraat" also features Anushka Sharma. It is about two young people - Shruti and Bittoo - who are just out of Delhi University and get together to start a business venture as wedding planners.
The film is directed by Maneesh Sharma, who assisted Aditya Chopra as an associate director on "Rab Ne Bana Di Jodi".