Director Jayanth is readying script for N Balakrishna. The director earlier directed the actor in films like Lakshmi Narasimha and Allari Pidugu. The buzz is that the film will go on the floors next year. Balakrishna is currently busy with his latest film being directed by Paruchuri Murali. His film Sri Rama Rajyam in the direction of Bapu is scheduled to be released in November.