Asin had a wonderful start with Bollywood as she bagged films with two Khans - Aamir and Salman. She was very vocal that she wanted to work with the third powerful Khan - Shah Rukh. However, when she had the chance to work with SRK, she turned it down.

A few days ago, Farah Khan offered her a role in her next, Happy New Year, which stars Shah Rukh Khan. Asin took her time to think over the offer, consulted her father and then sent word to Farah that she won’t be doing the film.

A close hand reveals, “Ever since Asin appeared on Farah’s show Tere Mere Beach Mein, they have been in touch. When Farah offered her the role, initially Asin was quite excited. It is not known why she refused Farah’s film.” 
The close hand further added, “She conveyed that the dates which Farah needed would be clashing with her other assignments.”
It is believed that Priyanka Chopra and Deepika Padukone have set their eyes on the female lead in Happy New Year. Kareena Kapoor is also being considered.