
Back in Kozhikode, his hometown, Ustaad (Hero) is merely Parameshwaran, an adorable brother, and guardian to his younger sister Padmaja He maintains a low profile as a businessman who has ventured into real estate.
Padmaja has fallen in love with her friend and dance teacher Nandan , who is the son of Koliyodan Shekharan , a businessman who has not been doing so well, mainly because of the extravagant lifestyle of his older son Koliyodan Giri . Mohan Thampy , Shekharan's son-in-law, is a business tycoon and a politician as well. Thampy originally was helped financially by Shekharan, but over time, he got more involved with the underworld, and they have a strained relationship. Varsha , a newly appointed police commissioner, does not like Parameshwaran. Meanwhile, Padmaja wants to marry Nandan, to which Parameshwaran gives his approval. The night before the wedding, Parameshwaran is arrested by Varsha for gold smuggling. He learns that his arrest was staged by Yousuf Shah and Thampy. Varsha later realizes her mistake, and vows to support Parameshwaran. Thampy devises a plan against Hero(Ustad). He force Padmaja to vow her properties to help her father-in-law who has a large debt to Thampy. As a mediator, Thampy gives some money to Giri and advise him to keep it on Nandan's office room and will inform the police and make Nandan and Padmaja arrest for money laundering. This enrages Ustaad. He finds Thampy who is in the protection of a minister. He makes him speak all the truth in front of Varsha. Later Yousuf threatens Ustaad by telling him that he will kill his sister by bomb and breaks his right hand. Ustaad hunts down Yousuf Shah, who flees to Dubai, and finally defeats him in the desert. He flies back to join his sister and family.