Ritesh Virani has barely passed his school examinations and is finding it tough to get admission at any college. His friends Pooja Nigam and Nanj Nair are in the same situation. After a failed attempt at getting admission through their studious friend's father, they are desperate. Ritesh's father is planning to hire his son for working in his business and Pooja's father is ready to...

Ritesh Virani has barely passed his school examinations and is finding it tough to get admission at any college. His friends Pooja Nigam and Nanj Nair are in the same situation. After a failed attempt at getting admission through their studious friend's father, they are desperate. Ritesh's father is planning to hire his son for working in his business and Pooja's father is ready to get her married off. They come up with the innovative solution of floating a fake university called 'Fakirchand and Lakirchand Trust University' with Google Chand funding them. They even hire school teacher Baaji Rao as the principal, who had been fired from his previous school for his classroom references to 'Munni's Badnami' and 'Sheila's Jawani'. Google Chand hands them a dilapidated mansion in Panchgani to start their fake university. Will their plans work out?