This modernization drama tells of Prof. Mukherjee (David), the inventor of a diamond manufacturing process. His uncle, the stockbroker Romesh Chandra (Gyani) who invests in diamond mines, faces bankruptcy because Sardar Mulkraj (Nayampally) plots to ruin the mine owner Rangnath (Mohan) and take power in the feudal state of Panipur. The invention can alter the power struggle if either of the factions gets hold of it.

A story of a revenge taken by Vir Singh in greediness to get the throne of his brother, who was the real king.

Agya Betal (Syed Jan), the demonic ruler of Maldweep, kidnaps Anarbala (Shanta Kashmiri), the daughter of Maharaja Madan Singh (Abdul Rahim Pahelwan), and keeps her hidden away in a magic city where monsters worship the goddess Narka Kumari while sacrificing devotees of the god Vishnu.