After being asked to leave by his Palanpur-based landlady Mrs. Rai, Civil Engineering student, Rahul Saxena, finds a room with Rajeshwari Saxena, who treats him like a family member. He is subsequently introduced to her sister, Nisha, both are attracted to each other, and plans are made to get them married. Rahul will soon find out that he will soon not only be asked to leave, but also instructed to assist in the marriage of Nisha with Yuvraaj Saxena.

Farhan Qureshi and Raju Rastogi want to re-unite with their fellow collegian, Rancho, after faking a stroke aboard an Air India plane, and excusing himself from his wife - trouser less - respectively. Enroute, they encounter another student, Chatur Ramalingam, now a successful businessman, who reminds them of a bet they had undertaken 10 years ago. The trio, while recollecting hilarious antics, including their run-ins with the Dean of Delhi's Imperial College of Engineering, Viru Sahastrabudhe, race to locate Rancho, at his last known address - little knowing the secret that was kept from them all this time.