In this captivating narrative, we follow the journey of two ambitious young men, Major and Gullu, who are united by their aspiration to become exorcists. Each day, they fervently pray to their faithful companion, Raaka, a revered statue, hoping to alleviate their financial woes. In search of inspiration for a new enterprise, they devise an exciting plan to organize a spooktacular Halloween party. But as the clock strikes midnight and Raaka's luminous eyes dim, Major and Gullu unexpectedly find themselves swept away into the ethereal realm of the dead, where they encounter Ragini, a kind-hearted ghost offering them a Faustian bargain.
Ragini requests their assistance in bringing salvation to tormented souls by exposing the wrongdoers from their past lives. In return, she promises them the wealth they've longed for. Enthralled by Ragini's insight and benevolent nature, Major and Gullu establish "Phone Bhoot," a spectral agency that swiftly rises to fame and fortune. However, their newfound success creates envy in Atmaram, a menacing tantrik who becomes obsessed with their downfall.
As the ominous lunar eclipse approaches, Major and Gullu are struck by the shocking realization that Ragini has been manipulating them all along. Her true motives stem from a deep-seated desire for vengeance against her former lover, Raja Dushyant Singh. The late king's spirit, once imprisoned in Atmaram's sinister collection of magical bottles, has been entwined with Ragini's soul. Originally, Atmaram was the orchestrator behind their tragic and untimely demise in a nefarious car accident designed to end Dushyant's reign.
In the midst of their tangled revelations, an additional ghostly presence appears, whose own spirit had been liberated thanks to Ragini's intervention. This spectral visitor beseeches Major and Gullu to assist Ragini in freeing the multitude of souls ensnared by Atmaram, including that of the agitated Dushyant. Driven by compassion and a longing for justice, Major and Gullu, alongside their spirited ally Raaka, embark on a quest to free Ragini and dispatch Atmaram to the fiery pits of the underworld.
As the conflict reaches its thrilling climax, Dushyant finally finds peace, reuniting with Ragini in a beautiful display of metaphysical harmony. The two assure Major and Gullu that they will always be a source of support whenever the need arises. With this promising twist, the film concludes by teasing the potential for an exhilarating sequel.
