The fate of an innocent and unfortunate man takes a different course after he gains magical powers. Raju (Narsimha Raju) is a good-hearted man who is often cheated by his fellow villagers. When a local moneylender cheats him, all he is left with are some manuscripts written by his grandfather. However, the manuscripts lead him to a magical amulet, which helps him in attaining wealth and intelligence. Jealous of his wealth, the villagers plot to steal the magical amulet.