Venkatesh Triparna is writing and directing Peanut Diamond, which he is also producing alongside Abhinav Sardhar under ASP Media House and GV Ideas as Production No.1. Abhinav Sardhar, Ram Karthik, Chandini Tamilarasan, Sherry Agarwal, and Shaani Salmon star in the film, which features music by Bheems Ceciroleo of Bengal Tiger fame. The cinematography is handled by J. Prabhakara Reddy. The film's first look, which was launched by successful director Maruthi, was hailed as a one-of-a-kind sci-fi action romance.

The film’s song was released by Tollywood’s young and dynamic hero Sudheer Babu and it was well-received. The teaser was launched by Tollywood top producer Dil Raju. The trailer of the movie has been launched today by creative director Krish.