Lal Badshah where Lal Singh a.k.a Lal Badshah lives with his mother in a small town in Bombay, grows up with the poor and needy. In the same city lives Vikram Singh alias Vicky Badshah who is the Don of the city always clashing with Lal Badshah.Vicky & his brother Ajit Singh, a corrupt police officer wants to rule the city.
Meanwhile, Lal meets Kiran an L.I.C. agent who falls in love with him & is determined to become his wife. At the castle, Dayal Singh is still-hunting for the treasures of the Maharaja, whom he murdered years ago along with his brother Sultan Singh. When the Maharaja was murdered, his son, Dewan Ranbir Singh hid the treasure, for which Dayal Singh tried to murder him. What is the link between Ranbir Singh and his look-alike Lal Singh and will Dayal Singh be able to ever find the treasure?