"I have seen Vidyut's work in 'Bullett Raja'. He is good. We have not zeroed down upon anyone for the film yet. We just don't need an action hero, but he should also be fine with music, humour and everything," said Jain.
"I have two to three actors in my mind but its too early to discuss about it. He must fit the bill so I can't say whether he will be part of it or not but lets see," he added.
Produced by Ratan's brother Ganesh Jain and directed by Abbas-Mustan, "Khiladi" success marked a turning point in Akshay's career.
Jain said there will be two important characters in the sequel.
"We will have two characters in the film and we are in search of the right ones," he said.