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Jewel thief Prince Arjun is released from prison and he sets about taking revenge against Vinay Kumar, now a renowned jewllery collector and entrepreneur, who uncovered his crimes and was the cause of his being imprisoned. Kumar has arranged for an exhibition of the famous Kohinoor gem, taken from India by the British, and Arjun plans to steal the gem and frame Kumar. To this end he organises for his son to be the officer assisting in the security and for Sheetal to seduce Kumar and get access to the security blueprints. She succeeds but is killed by Arjun who believes she has double- crossed him. He then kidnaps the girlfriend of an expert jewel thief, Johnny, whom he blackmails into stealing the gem. However, Johnny is actually an undercover policeman and together with Kumar they devise a plan to use a fake gem to fool the thieves. However, confusion arises over which is the real and which the fake gem.

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