Bangkok-based underworld Don, Carlos (Jackie Shroff) is expecting a shipment of diamonds from Mumbai. His men are afraid that cop Namdev Mane (Suniel Shetty) might intercept the diamonds, which will bankrupt Carlos. Sania Badnaam (Celina Jaitly) is Carlos's girlfriend and is smuggling the diamonds out of India for him. Carlos instructs Sania to transfer the diamonds to Mumbai by train. The call is intercepted by Namdev. 4 years ago, Namdev led a raid on suspected Brown sugar warehouse in Mumbai, but it turned out to be a consignment of bras. Namdev was demoted and his reputation was ruined. 6 Alvares House in Bandra, Mumbai, is the residence of myopic, widowed, devout Hindu, Satyabol Shastri (Anupam Kher), who lives there with his daughter, Shivani (Riya Sen) (who is a simple girl from a Brahmin family). Shivani is in love with her Christian neighbor, Arjun Fernandes (Shreyas Talpade), who is a mechanic and lives with his Wanna-be singer sister, Julie (Koena Mitra) (a bar dancer with quite a reputation, but behind her raunchy exterior is a compassionate, kind woman who goes out of her way to help the needy), and a younger ailing sister, Titli (who has a hole in her heart which can only be fixed by an expensive surgery). Satyabol disapproves of Arjun and wants his daughter to marry Sarju Maharaj Banaraswale's (Sanjay Mishra) son. Satyabol has not seen Sarju or his son, and this match has been arranged by the local priest, who is a friend of Satyabol. Other than Satyabol chasing Badshah, the pet dog of Arjun, and ending up in the women's bathroom, the area is fairly peaceful. Then Arjun and his friends try to think of a plan to stop Sarju from marrying his son to Shivani but can't. So, Arjun calls his best friend Kishan (Ritesh Deshmukh) to help them. Kishan is a conman in Goa who has duped many Gurkhas led by Rana Jang Bahadur (Chunky Pandey), by getting them to invest in his scam chit fund. Rana has vowed to pursue Kishan and get the money back to the poor Gurkhas. Kishan escapes by train and it is the same train in which Sania is bringing the diamonds to Mumbai. On the train Kishan by chance runs into Sarju Maharaj, whom he remembers as the guy who is coming to meet Satyabol daughter for a possible marriage with his son. Kishan convinces Sarju to get down from the train to get water. He also encourages Sarju to say that he is "Kishan's" uncle, as he had seen Rana on the platform. Sarju gets down and is apprehended by Rana, who wants his revenge against Kishan. Kishan comes disguised as Sarju Maharaj Banaraswale. On the train Sania sees Namdev pursuing her. She has the diamonds hidden in the sole of her sandals and puts the same in Kishan's bag. Namdev arrests Sania, even though he can't find the Diamonds in her luggage. Sania is released from custody, but Namdev abducts her illegally. Carlos gets info that Sania has been abducted and suspects Sania of double crossing her. Namdev wants Sania to help him get the diamonds and offers her a 50% cut as well. Sania takes the offer. Meanwhile, Kishan (as Sarju) gifts the sandals that he finds in Sarju's luggage to Shivani. Fake Sarju then convinces Satyabol that his (Sarju's) son is not good for his (Shashtri's) daughter by dancing in the bar and kissing Julie who was in the act. Then Shashtri informs the fake Sarju that he does not want to marry his daughter to Sarju's son and that he can go now. So having finished his mission, Kishan prepares to leave when Arjun tells him to stay back as he loves Julie, but Kishan refuses to say that he is not destined for Julie. Then after Arjun leaves and Rana turns up with the real Sarju at the railway station and identifies Kishan. Kishan says that all the cash is with Sarju they leave Kishan and run after Sarju while Kishan escapes. Kishan disguises himself as a woman named Sunaina and says 'she' is Arjun's auntie. Soon, Shastri falls in love with Sunaina, and calls her "Sania". Sunaina distracts Shastri and allows Shivani to meet Arjun in private. Meanwhile Kishan uses the opportunity to get close to Julie and makes her fall in love with him. Sunaina's sandal breaks and Shastri gifts her the sandals that Kishan (as Sarju) had gifted to Shivani. Then in the neighborhood also comes Matha Prasad (Rajpal Yadav) who runs a dairy farm and moonlights as the hit-man of Carlos. Matha hears Shastri refer to Sunaina as "Sania" and abducts her, as per instructions from Carlos. Then Rana arrives, followed by Namdev and Sania. Namdev arrests Rana and asks him to take them to Sarju (Since Sania said the bag is with Sarju). When they get there, Sania says that that's not the Sarju, who has the diamonds. Namdev and Sania figure out that Kishan is the fake Sarju and go after him. Rana figures out that Kishan has Rs 50 Crores worth of diamonds. He steals Sania's phone and calls Carlos directly. Rana says he has Sania in his custody. Matha and Rana both ask Carlos for Rs 50 Lakhs in exchange for returning Sania. Meanwhile Kishan escapes from Matha and reaches back where Arjun and Shastri have found the Sarju's bag. But Maane arrives with Sania and takes the bag at gunpoint. Kishan/Sunaina reveals that the bag had 50 Crores worth of diamonds. Now Sania and Namdev realize that the bag is empty, but Rana arrives and abducts Sania. Arjun tells Shivani that Sunaina is in fact Kishan. Meanwhile Shastri agrees to marry Shivani to Arjun if Sunaina agrees to marry him. Namdev tracks down Kishan and they all figure out that the diamonds are hidden in the sandals on Kishan's feet. Rana takes Sania to Carlos, who says that the diamonds are with Kishan. Carlos attacks the Bandra location with full force. Carlos forces Kishan to have over the sandal to him, but chaos ensues as Kishan throws the sandal as Carlos and everybody leaps at it. Carlos is eventually arrested by the police. Kishan reveals that he had stolen 1 diamond before handing over the sandal. The gang sells the diamond to pay for Titl's surgery.
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