Is Madhuri Dixit a part of Bahubali 2?

Bahubali is a successful franchise. Since the first part is such a big hit worldwide, it is presumed that the second will be a bigger success. And producer Karan Johar has opened all his purse strings. There was a rumor of Madhuri Dixit being a part of the Bahubali sequel. A section of the media had said that she will be enacting the role of the elder sister of Anushka Shetty. But, now it comes from the horse's mouth directly. Director Rajamouli has said that Madhuri is not a part of the second Bahubali project. And she does need a hit desperately.