Shetty was born on 7 July 1983 in Kadri neighborhood in Mangaluru City of Dakshina Kannada district, Karnataka to a Bunt family.

[4][5][6][7] He did his schooling from Kundapura in Udupi district, Karnataka and later joined Vijaya College, Bengaluru to pursue B.Com.

Then in 2016, his directorial debut Ricky starring Rakshit Shetty received an average response at the box office.

In the same year, he directed Kirik Party, which was an industry hit in Kannada cinema, at the box office.

Rishab Shetty's major role after Bell Bottom was of Mangaluru-based gangster Hari in the film Garuda Gamana Vrishabha Vahana (2021).