Shaji Pappan and his group of misfits take part in another tug-of-war contest to win the golden cup. But along the way they unwittingly get drawn into a deal gone wrong, which involves dangerous smugglers.

Vasutty and his son Sajan are Taxi drivers. When Vasutty drives a 72 model Ambassador, Sajan drives an Innova. Sajan, Deepak, and Parvathy are best friends. Deepak runs a drama academy and Parvathy is an interior designer. Once Sajan happens to drive Vasutty's car and that changes Sajan and his friends' fortunes forever. At this stage Janaki enters their life. As days pass by they realize that what they thought to be fortune turns out to be their misfortune. Rajasenan's '72 Model' plots their efforts to come across these troubles.

A psychologist with a keen interest in criminology gets entangled in a tough serial killer case which the police find hard to crack.

Shaji Pappan and Co. opens a Pandora's box of reincarnations and multiple timelines leading to comic chaos of epic proportions.