Reading a large file using C (greater than 4GB) using read function, causing problems

I have to write C code for reading large files. The code is below:

int read_from_file_open(char *filename,long size)
{
    long read1=0;
    int result=1;
    int fd;
    int check=0;
    long *buffer=(long*) malloc(size * sizeof(int));
    fd = open(filename, O_RDONLY|O_LARGEFILE);
    if (fd == -1)
    {
       printf("\nFile Open Unsuccessful\n");
       exit (0);;
    }
    long chunk=0;
    lseek(fd,0,SEEK_SET);
    printf("\nCurrent Position%d\n",lseek(fd,size,SEEK_SET));
    while ( chunk < size )
    {
        printf ("the size of chunk read is  %d\n",chunk);
        if ( read(fd,buffer,1048576) == -1 )
        {
            result=0;
        }
        if (result == 0)
        {
            printf("\nRead Unsuccessful\n");
            close(fd);
            return(result);
        }

        chunk=chunk+1048576;
        lseek(fd,chunk,SEEK_SET);
        free(buffer);
    }

    printf("\nRead Successful\n");

    close(fd);
    return(result);
}

The issue I am facing here is that as long as the argument passed (size parameter) is less than 264000000 bytes, it seems to be able to read. I am getting the increasing sizes of the chunk variable with each cycle.

When I pass 264000000 bytes or more, the read fails, i.e.: according to the check used read returns -1.

Can anyone point me to why this is happening? I am compiling using cc in normal mode, not using DD64.