Madhi and his friends hides a bag full of money and jewels in a haunted bungalow to ditch the police. When he goes to retrieve the bag, a ghost makes him play a survival game in order to leave with the bag.

Moggina Manasu focuses on the confused state of mind of teenage girls and their relationships with boys. It also touches on teenage pregnancy and ragging in colleges, camaraderie with seniors, and teenagers' disrespect towards their parents and studies.