Veteran Telugu actor M Balayya passed away at the age of 94 on Saturday morning. Balayya had made his debut as an actor with 'Ettuku Pai Ettu' in the year 1958 and acted in nearly 300 films. He also received the Gold Nandi Award from Andhra Pradesh government for his play 'Nalupu Telupu' which was later made into 'Chelleli Kapuram'.