Raja (Emraan Hashmi) earns his living in Mumbai by conning people with his partner cum best friend Raghav (Deepak Tijori). Beneath his fooling personality, he has a golden heart which is ready to help everyone and someday he wishes to earn enough to free his girlfriend Ziya (Humaima Malick) from her bar dancing profession.

After a series of small cons, Raja opts for big theft of rupees 80 lakhs which in turn takes Raghav's life. This tragic incident bounds him to destroy Cape Town based Varda Yadav who has plotted his best friend's murder. But to trap this billionaire mafia, Raja needs to have a full-proof plan which is possible only with the directions of an experienced mastermind Yogi (Paresh Rawal).

Yogi and his team help Raja to become the biggest conman of India, "Raja Natwarlal". Together they plot a con against Varda using his obsession for Cricket, where they sell him a Cricket team which doesn't at all exist.