Summary: Guest Appearance: Peketi Sivaram
The film begins in a village, a rich man Ranganatham (Chittor V. Nagaiah) suffers from T.B., before leaving for treatment, he entrusts his son Krishna and the property to his close friend Paanakaalu (S. V. Ranga Rao). But the greedy Paanakaalu escapes the village, purchases land in the town and informs everyone he is going to Rangoon. Meanwhile, Ranganatham recovers and knows that Paanakaalu is left to Rangoon, so, he too moves in search of his son. After that, Paanakaalu is blessed with a son Mohan, he engages Krishna in the fields and educates Mohan. Years roll by, Paanakaalu becomes rich, Krishna (N. T. Rama Rao) is good natured and loves Lakshmi (Devika), daughter of Paanakaalu's distant relative Naganna. Paanakaalu takes money as dowry in advance from Naganna by fixing Lakshmi's alliance with Mohan (Jaggayya). In the city, Mohan becomes a spoiled brat and also makes cheatings with the help of his friend Platform (Ramana Reddy). He traps a beautiful girl Nirmala (Jayanthi), daughter of a Zamindar (Rajanala) by focusing himself as a millionaire. Parallelly, Paanakaalu learns regarding the love affair of Krishna & Lakshmi, he accuses Krishna and throws him out by revealing his birth secret. At the same time, Paanakaalu knows Mohan loves the Zamindar's daughter of their own village, so, he makes a ploy, sends Lakshmi in search of Krishna, Naganna also follows her and they reach the city. A tea vendor Kanakam (Surabhi Balasaraswathi) gives shelter to Lakshmi. On the other side, Ranganatham returns from Rangoon as a millionaire and still in search of Paanakaalu. Fortunately, Krishna joins as a servant at him. Simultaneously, Mohan makes his marriage arrangements with Nirmala for which Paanakaalu sell his property. During the time of marriage, Nagamma visits and reveals the truth. The Zamindar becomes furious, but for his daughter's sack, he allows Mohan to stay with them and throws away Paanakaalu when he loses a limb and becomes a beggar. Eventually, Platform gets acquaintance with Kanakam and they fell in love. As a coincidence, Ranganatham & the Zamindar are familiar with each other, once he narrates his story, Mohan listens to it and makes a plan. Meantime, Krishna finds his mother, both of them goes for Paanakaalu, by the time, Mohan takes and leaves him far away from the city where Lakshmi & Platform protect him. Now Mohan showcases himself as Ranganathan's son. Overexcited, Ranganatham brings Mohan home where Krishna is shocked to see him and warns Mohan to leave the house until morning. But that night, crooked Mohan tries to kill Ranganatham, Krishna saves him. At last, Paanakaalu arrives, reveals Krishna as his real son, at that moment, Mohan also realizes his mistake. Finally, the movie ends on a happy note with the marriage of Krishna & Lakshmi.