 The jobs of "Sholay" obsessed Deep and Rishi are on the line with their advertising firm if they do not come up with a one-liner for Mr. Roy s condoms. While Deep resides with his pregnant wife, Shanti, and a daughter, Muskaan; Rishi has separated from his wife, Nicki, and depends on Shanti for meals, apprehending a bitter divorce. When the time comes close to delivering her child, Shanti s mom moves in them temporarily, much to the chagrin of Deep. Shanti would like Nicki and Rishi to meet and patch-up their differences, however, Rishi knows that Nicki is having an affair with her attorney, and is not inclined in this direction. The main obsession for Deep and Rishi is Bollywood s music maestro, Rahul Dev Burman, they had competed to win for two years, albeit in vain, for the annual contest called "Jhankaar Beats". With the deadline for Mr. Roy s one-liner closing in, Rishi gets an offer to work in America, leaving Deep and their new band partner, Indraneel Kapoor, their boss  son, to deal with the next "Jhankaar Beats".