Nasreddin, Lev Sverdlin arrives in the bustling city of Bukhara with his trusty donkey after roaming about half the world, just as a lively bazaar swells and the Emir prepares to hold court. The moment his path crosses the city gates, Nasreddin’s quick wit is put to the test as he tries to slip past heavy taxes without paying. He succeeds, only to glimpse a young, pretty girl named Gyuldzhan, M. Mirzakarimova drawing water at a pond. He falls for her at first sight, and she playfully calls him a donkey in return, while Nasreddin affectionately labels her as “little toad.” The moment is light and comic, but it quickly shifts to danger when a commotion near the pond signals trouble.
A man is about to drown, and Nasreddin’s attempts to save him are clumsy at first, yet he ultimately reveals a clever method that actually works: he encourages the man to reach for a coin Nasreddin holds, pulling him safely to shore. The rescued man turns out to be Jafar, a scheming usurer who had recently threatened a potter named Niyaz, Vasili Zajchikov to drag him to court over a loan of 100 tangas plus exorbitant interest and 10 tangas in costs. This accident pulls Nasreddin into a larger plot of debt, guilt, and justice, and his instinct to help the poor potter drives the story forward.
At the courthouse, Niyaz pleads with the Emir for a delay, but the request is granted for only one hour. If the debt isn’t cleared in that time, Niyaz and his family would be enslaved to the creditor. Nasreddin vows to secure the 410 tangas required to free them and, to win hearts and minds, crafts a humorous tale about his donkey’s cleverness in a tavern. The crowd, charmed by his wit, rallies around him and begins to pool together what they can spare—even if it’s only old or broken items. After a long stretch of negotiation, a buyer finally surfaces, offering to pay the full 410 tangas, but the twist is that the buyer is Jafar himself, the usurer who sought to ruin Niyaz.
Jafar declares his long desire for Bukhara’s prettiest girl and sets a plan to marry Gyuldzhan at noon. Before the clock strikes, Nasreddin settles the debt by paying Jafar the demanded amount, thus securing Niyaz’s freedom. Gyuldzhan, grateful, realizes she is the very “little toad” Nasreddin had admired earlier, a moment that deepens the connection between them. Yet Jafar’s thirst for revenge is not quenched; he informs the Emir that Gyuldzhan would make a fitting wife for him, prompting the Emir to order her brought to the palace and to visit her in the harem that night.
The Emir, furious that Nasreddin still eludes him, has spies scour the city and even raises the reward to 3,000 tangas. Nasreddin eludes capture by disguising himself in women’s clothing, a raucous scene that inflames the crowd and allows him to vanish in the chaos. Seizing another opportunity, he tricks Hussein-Husliya—the healer and astrologer who has arrived from Baghdad—into swapping clothes with him, turning Nasreddin into Hussein-Husliya and letting him gain the Emir’s trust. In this new disguise, he even interrogates the real Hussein-Husliya after capturing him, and is tasked with healing a sick girl in the harem, granting him access to Gyuldzan.
With Gyuldzan in sight, Nasreddin stages a dramatic rescue, distracting the palace guards and freeing the girl from the Emir’s grasp. He reveals his true identity to the guards and flees, returning to the Emir for safety. In a tense confrontation at the marketplace, the Emir prepares to execute Niyaz, but Nasreddin—still in disguisе as Hussein-Husliya—intervenes, offering a grim bargain: if the Emir reveals Nasreddin’s whereabouts, all the accused will be freed, but the protector who has shielded him must die. The Emir agrees, Nasreddin steps forward, and the crowd erupts as the prisoners are released, exposing the Emir as Nasreddin’s own guardian in a twist of fate.
Nasreddin is condemned to death by drowning, strapped in a sack and taken to the sacred pond. En route, the crafty trickster exploits the greed of his transporters: he convinces them to swap places with the usurer Jafar, who is in the sack at first. The carriers assume Nasreddin is the sick man and toss the sack into the pond, where Jafar drowns in his place. Surrounded by a jubilant crowd, Nasreddin finally reveals himself, and with Gyuldzan by his side, he declares that they will leave Bukhara together, seeking a life free from prying eyes and perpetual danger.
In the end, the story folds humor, hardship, and heroism into a single thread: Nasreddin’s enduring wit, Gyuldzan’s steadfastness, and the city’s mixed appetite for justice and spectacle. The adventure weaves together court intrigue, clever trickery, and daring rescue, leaving a sense of triumphant mischief and a new beginning for the beloved trickster and the girl who captured his heart.
