This chakra is believed to have been sent to protect King Ambarisha, a Vishnu devotee, from the curse of Durvasa, a famous sage.
The temple was built in the early 19th century by Paruthiyur Sri Krishna Sastri (1768–1842), believed to be a Vishnu Bhakta and popularly known as Ayyaval.
Ayyaval had spent most of his time in this temple with his parayanams of the Vishnu Purana and the Ramayana, teaching the scriptures, spreading bhakti, and promoting Hinduism.
Ayyaval addressed several issues by answering the queries on Dharma Sastram and acharam, often posed to them by Vedic scholars and pundits.
His authority on the administration of dharma made many legal luminaries come to them seeking their advice on issues concerning Hindu law.