Katrina Kaif has reportedly turned down an offer worth Rs 1 crore, in favour of Yash Raj film's new project opposite Shah Rukh Khan.

The buzz was that the actress would get the whopping amount just to walk the ramp for 10 minutes in an upcoming fashion show in Kochi.

The 27-year-old had been asked to walk the ramp on March 25 and take home the hefty amount. Katrina with SRK Katrina Kaif and Shah Rukh Khan during London shooting of 'London Ishq'.

However, the beautiful actress cancelled the show as the dates were clashing with YRF's shooting schedule of 'London Ishq'.