Akshaye offered Kukunoor-Ghai film?

Akshaye Khanna may be teaming up with Subhash Ghai once again. The two had worked together in Taal, but parted on a sour note when Akshaye expressed his displeasure at the way his role shaped up. But now, with Akshaye not exactly flooded with film offers, and Ghai having sunk Yuvraaj, looks like neither has many options left.
So when Subhash Ghai offered Khanna his next production to be directed by Nagesh Kukunoor, Akshaye is said to have agreed without much ado. Although people from Nagesh’s unit would like us to believe that it was the director who had convinced Akshaye to do the film, it doesn’t seem to be the case as he has been having close door meetings with Ghai of late.
Dor star Gul Panag is likely to be signed as the female lead in the film, believed to be a comedy of errors. Besides the patch-up, Akshaye has reportedly been paid an astronomical fee to be a part of the project. But then, one wonders, how the patch-up came about?

OK, this was from March and we next heard that Akshaye rejected Nagesh's offer. Looks like this project isn't going ahead. Sad.