Some of his hit gangster dramas are "Satya", "Company" and "Sarkar".
"Yes, this ('Satya 2') may be my last film on underworld. I don't think I want to make a gangster film after 'Satya 2'. The effect of the underworld is not much left," Varma told IANS.
"Satya 2", a sequel to 1998 hit film "Satya, features newcomers and is slated for an Oct 25 release.
When asked whether he would make romantic films now, he said: "Yes, love story is something I want to make now. I have two love stories scripts ready. One is about martial arts and the film will go on floors by end of this year."