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The Nandi Award for Best Actor was commissioned by the Nandi Awards committee in 1964. The winner is awarded a "Silver Nandi", "Shri Rajendra Prasad Gold Medal", cash award and a commendation certificate. Akkineni Nageswara Rao, Sobhan Babu, and Venkatesh are the actors to have won the best actor award five times.
References
Nandi Award for Best Actor Wikipedia(Text) CC BY-SA