Last year, Vishal's Tamil thriller "Naan Sigappu Manithan" was also named after a Rajinikanth film.
The makers of "Paayum Puli" announced the title on Twitter on Thursday.
Being directed by Suseenthiran, the movie features Vishal as an undercover policeman in Madurai.
The film, which is said to be based on a true story, also features Kajal Aggarwal and Samuthirakani in important roles.