Arbaaz, who produced "Dabangg" (2010) and then directed and produced its sequel, is waiting for his brother, actor Salman Khan -- the lead actor of both films -- to finish all his pending assignments.
"It ('Dabangg 3') is in talks. Salman and I will sit sometime when he is through with his movies and all," Arbaaz told reporters here at a book launch event.
"We will ideate on the script and it may take one or two years," he added.
Further, he revealed that he may hand over the direction to somebody else this time but will definitely produce it.
"As of now only that department is open... maybe somebody else might direct 'Dabangg 3' but only I will produce it and nobody else. That's our own franchise," the filmmaker said.
Meanwhile, as of now, Salman is busy with his films "Prem Ratan Dhan Paayo" and "Bajrangi Bhaijaan". After that, he will start shooting for Karan Johar's "Shuddhi".