This fast-paced suspense thriller sparks off with the death of Dheerappan (cinematic character of Veerappan), a notorious smuggler and extremist. A journalist gains knowledge of where Dheerappan has hidden all his wealth, but he ends up getting shot in a firing incident. However, before dying, he hands over his diary containing information about the loot to his colleague Basu or Bhavaraju Suryanarayan (Aryan Rajesh).
Instead of handing the information over to the government, Basu hatches a plan to steal the 'treasure'. He recruits a doctor Devika (Hansa Nandini), a guide (Jaya Prakash Reddy), a bomb disposal expert (Vanitha Reddy), a cook and a driver. They hire a van and head for Nityamangalam forests.
After many hurdles they finally find the treasure. However, before they can escape to safety, terrifying events take place and the team members begin to get murdered one after the other. Who is behind the killings? Is the wily Dheerapan really dead?