An NIA agent, Raja Vikramarka 'Vikram', a cool, reckless, but smart IPS officer, works under Mahendra, who is also his mentor and father figure. One day, they catch a Nigerian agent who once supplied arms to the gang of Guru Narayan, a former Naxalite. He informs them that Guru Narayan is alive and came back with vengeance against Chakravarthy, a former sincere IPS officer turned Home Minister of the state, so he supplied the arms again to kill Chakravarthy. In the interrogation, Vikram accidentally kills him before he reveals their entire plan. However, Mahendra manages to send Vikram on a secret mission as an insurance policy agent under Muddu Krishna, a classical dancer-turned insurance agent who teaches classical dance to Kanthi, Chakravarthy's daughter, by hiding his identity to investigate the matter. Vikram falls in love with Kanthi. Although she initially turns down his advances, she likes him and eventually expresses her feelings.
Meanwhile, ACP Govind Narayan, a sincere and hot-headed IPS officer who takes care of Chakravarthy's security, finds Vikram's and Kanthi's relationship and suddenly visits Vikram's home. There, he finds out Vikram's secret operation. Left with no option, Vikram reveals his identity to Govind. Mahendra intervenes and convinces Govind to cooperate with them; then Vikram and Govind decide to work together to catch Guru Narayan. As expected, Guru Narayan attacks Chakravarthy at Muddu Krishna's meeting, who became a manager by taking Chakravarthy's life insurance policy, which is worth 10 crore. Vikram stops and arrests him. While everyone else feels relaxed, Vikram still doubts Guru Narayan's intentions behind his arrest. As Vikram anticipated, Guru Narayan's men kidnap Kanthi at her dance performance in front of Chakravarthy and demand that he be released.
A flashback episode reveals that Chakravarthy has an enmity with Guru Narayan. When Chakravarthy was an IPS officer, he attacked and annihilated the gang of Guru Narayan, who used to carry out contract killings under the disguise of Maoism. Chakravarthy shoots Guru Narayan, who escapes but is hospitalized in a comatose condition. After waking up from a 15-year coma, Guru Narayan wished to destroy Chakravarthy's goodwill in public and executed the current plan. Guru Narayan, who is now in jail, negotiates Kanthi's release in exchange for his own release. Vikram realizes that Guru Narayan wants to kill Kanthi in front of Chakravarthy and escapes, which makes him morally wounded and challenges the entire department.
Chakravarthy accompanies him along with Govind, who wants to free his daughter without letting him escape. In an unfortunate turn of events, Chakravarthy accidentally gets killed at the hands of Govind. An enraged Vikram chases and kills Guru Narayan, who is trying to escape. Kanthi remains with the kidnappers. On his deathbed, Chakravarthy reveals that Kanthi told him about Vikram, and he accepted their relationship. Vikram promises to save Kanthi, then Chakravarthy advises him not to leave anyone involved in the conspiracy.
It is revealed that Govind is Guru Narayan's son and the mastermind behind the kidnapping. It is revealed that he killed Chakravarthy on purpose but passed it off as an accident. Oblivious to this, Vikram is on his way to nab the criminals. Meanwhile, the enraged Govind attempts to kill Kanthi for killing his father and calls Vikram under a disguise to kill Kanthi on hearing of him. While talking with Govind, Vikram finds a minor clue: a news channel regular tune. Then he goes to the office and announces Rs 10 Crores (the insurance amount of Chakravarthy) in exchange for Kanthi to lure the kidnappers. While Govind does not bother about the money and wants to kill her, his gang convinces him to get the money. After a cat-and-mouse game in a final confrontation, Vikram recognizes Govind as the mastermind, saves Kanthi, arrests the kidnappers, and kills Govind.