Two petty thieves and con-men, Ajay (Saif Ali Khan) and Dev (Akshay Kumar), accidentally kill a young man named Mohan Tripathi (Ravi Kishen). This weighs heavily on their minds, so they find out the address of the deceased, and travel to his village.
They meet his dad, Dinanath (Anupam Kher), his mom, Sulakshana (Moushimi Chatterjee), a sister, and Mohan's wife, but are unable to tell them the sad news. So they lie, and tell the Tripathis that Mohan is still alive, and they are his friends. The two decide to stick around longer so that they can assist the Tripathis. They come to know that this village is being terrorized by Bhanu Pratap Singhania (Dalip Tahil) and his men, who wants this land at any cost, so he can start building on it. They oppose Bhanu and his men, and for a while there is a status quo.
Then Bhanu finds out that Ajay has a vice- that of drinking and gambling, and he decides to exploit this to separate the two friends, create bitterness and anger between them, and thereby take advantage of the situation. Ajay succumbs to his temptation to gamble, and starts losing money. Shortly thereafter he has lost all his money.
Humiliated, he steals some gold bangles belonging to Tripathis, and sells them, so he can continue playing. It is here that Dev finds out about this theft, and it is now the beginning of the rift between the two friends, that Bhanu has been long awaiting for.