After a crime lord is murdered by Madesha, Nivedhitha, a journalist, sets out to meet him. She ends up meeting an old woman and promises to help her find her son, who is none other than Madesha.

Kariya, a gangster falls for a rich dancer Maya, but hesitant to express his love due to his criminal history. Meanwhile his enemies in the echelons of underworld conspire to have him murdered.

Ajay makes a tune which Madhu loves, but she doesn't know who the composer is. Sunil, a selfish brat, pretends to be the composer of the tune in order to woo Madhu.

Ravi and Jaggu are friends who are good for nothing and get kicked out of their houses. Hilarious events follow when a politician sends them on a mission to get a secret code from two girls.

A man, who owns a pot making business, faces several obstacles in getting his sister married. When nothing works out, he sells his land in order to collect money for the dowry.

Bhagyada Balegara movie tells that Bangles are a mark of feminist grace in India. In rural Karnataka and India, a Bangle seller is said to bring about fortunes to the village folk and is also considered as auspicious for ceremonies. Interestingly, the various colours of bangles hold significance for different ceremonies.Though a bangle seller is believed to bring in fortunes in the lives of others how much of fortune will he have in his own life will form the crux of the story.