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The type or namespace name 'Umbraco' could not be found (are you missing a using directive or an assembly reference?)

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I am getting this error when i am inheriting my controller from

    Umbraco.Web.Mvc.RenderMvcController

I have checked that umbraco.dll is referenced when i install umbraco from NuGet in Visual Studio 2012.

intellicence allow me to select this reference but when i compile code it throw this exception like below screen explains it.

all other umbraco is working nice i have designs some static views,master pages,macros etc all working fine.

goto below links to view screenshots hosted on stackOverFlow Forum

 http://i.stack.imgur.com/Etu5P.png

 http://i.stack.imgur.com/kp4T3.png

or question posted of StackOverFlow
http://stackoverflow.com/questions/20696583/getting-error-in-umbraco-the-type-or-namespace-name-umbraco-could-not-be-found