Chitti Babu (Rajendra Prasad) strongly believes in astrology and spends a lazy life. Rambha (Rambha), with whome he falls in love, pressures him to marry her before her father, Royyala Naidu (Rao Gopal Rao), finds an alliance of his choice. Naidu, out of love for his daughter, agrees for the marriage on the condition that he earn 1 lakh by the night of the wedding.
Chitti Babu starts cheating people to earn money. Royyala Naidu finds out about the deception and insults Chitti Babu's mother. Chitti Babu realizes the importance of money in life and finds employment in a garment factory which is in loss and makes it successful and earns 1 lakh rupees.
Royyala Naidu relents after seeing that Chitti Babu has become a hard-working honest man and gets the love birds married. Chitti Babu lives happily with his wife.