[2] The film begins in a village, wealthy Ranganatham, who confides his property and infant Krishna to his guileful mate Panakalu and his benevolent wife Shantamma since he is walking for his treatment of ailing TB.

Panakalu ruses and flees by misreporting, shifting to Rangoon but putting Ranganatham's money on assets in the town.

Years roll by, and Krishna is amiable in the nurture of Shantamma, who darlings Lakshmi, the daughter of Panakalu's relative Naganna.

Wily Mohan proceeds to graduation, where he snares Nirmala, Zamindar's daughter of their native, as a tycoon with the aid of his acolyte Platform.

Meanwhile, Panakalu discerns the love affair of Krishna & Lakshmi, whom he criticizes and necks by declaring him an orphan despite the pleading of Shantamma.

Here, Panakalu is also aware of Mohan's trap on the Zamindar, who ploys to get ahead of Lakshmi behind Krishna and lands at the city.

On cloud nine, Ranganatham arrives with Mohan, and he is startled to view Krishna, who warns him to quit until morning.