It is all about Nizam jewels and a treasure hunt. Three thieves - Okka Magadu (MS Narayana), Pinakapani (Venu Madhav) and Tantia Tope (Ali) loot the treasure and hide it in a jungle. They split the map of place into three parts and keep it for themselves. Later they move on in their lives. The third generation of these thieves Krishna (Naresh), Aishwarya (Tanya) and others start looking for third part when Don (Venumadhav), who is also grandson of the one of the thieves, enters the scene. The rest of the story is all about the treasure hunt that follows.