Vikram Bhatt has returned to Vishesh Films after 2003 to direct part three of the horror franchise "Raaz", which is being made in 3D.

The movie stars Emraan Hashmi and Jacqueline Fernandez along with Bipasha Basu, who is also making a comeback to the Bhatt camp after "Raaz" (2002) and "Jism" (2003). The Bhatts had offered her the lead role in "Murder 2", but she had turned it down.

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"Reporting live from 'Raaz 3' set. Today (Sunday) is the first day of our shooting. Bipasha and Emraan are on the sets. Vikram Bhatt is directing the film. Shagufta Rafique has written 'Raaz 3'. It is a brave script which explores the horrors of the human heart," Mahesh Bhatt posted.