"Betaal", Bollywood superstar Shah Rukh Khan39s new web series as producer, is set for a May 24 release."Betaal" is a horror-thriller written and directed by Patrick Graham, who had previously directed "Ghoul". The show is co-directed by Nikhil Mahajan."The series has been shot extensively in India, especially in Mumbai, Lonavala and Khandala as it revolves around a fictional Indian folklore, the series will definitely be genre bending in terms of horror content with some incredible VFX and prosthetics work," said a source.The project is a collaboration between SRK39s Red Chillies entertainment, Netflix, SK Global, and Blumhouse Productions, the banner that is known for its Hollywood horror productions as "Paranormal Activity" and "Insidious".The first look of the series has been unveiled."Here39s 1st look of Betaal, our upcoming horror-thriller web series, starring @ItsViineetKumar, @AahanaKumra directed by PatrickGraham, @iamnm. Produced by @RedChilliesEnt @gaurikhan @_GauravVerma, it premieres May 24 on @NetflixIndia @iamsrk @VenkyMysore @blumhouse SKGlobal," read a tweet by SRK39s Red Chillies Entertainment.