A daring robbery happens in Bombay. A diamond is stolen. The robbers are travelling in a van where we show Chunky Pandey as the main robber. Gulshan who's Chunky's Uncle, is a London based Don who calls Chunky and asks him to meet his cousin, Asrani in Dubai, to sell the diamond. Asrani deals in stolen Jewellery. Gulshan warns Chunky to stay away from his two main weakness, guns and gambling.
While in Dubai, we see Arbaaz Khan torturing Paresh Rawal in a funny way & asking for his money back, which Arbaaz had loaned to Paresh Rawal. Paresh Rawal owns an old Antique shop in which he has always made losses. Arbaaz Khan gets information about Chunky coming to Dubai with the diamond. But the informant warns about Gulshan who is also Chunky's uncle. Arbaaz Khan decides on Paresh to get the job done in stealing the diamond from Chunky. Paresh plans to do the robbery along with Shahid Kapoor, Ayesha Takia & Johny Lever.
Zakir is a big underworld Don, who controls Dubai's illegal Gambling & Fights. Zakir's men also deal in bringing girls from India to Dubai by promising them Jobs, but once in Dubai, the girls are forced to work in Dance Clubs. One such girl is Sameera Reddy.
Vivek Oberoi and Suresh Menon own a small Video and Game Parlour in Dubai. To earn a little extra money they also promote new fighters who want to take part in illegal Boxing Matches in Dubai.
Somwhere in Dubai we see Vivek Obaroi and Suresh Menon enter Zakir's den with a fighter, there they see Zakir is firing somebody as Sameera has escaped from his captivity. He gives Vivek and Suresh some money and permits their fighter to fight in the match.
Zakir's men are looking for Sameera in the market place, where we see Sharmila Tagore with her husband Om Puri and Sunny, who is Om Puri's brother. Sunny Deol enters in a heroic manner and knocks them out. Sharmila, Om and Sunny go home and take Sameera along with them. Sameera Reddy falls in love with Sunny Deol.
Shahid Kapoor, Ayesha Takia & Paresh Rawal are small time crooks in Dubai. Sharmila Tagore's son had passed away 2 years back in an unfortunate accident. Sunny Deol & Om Puri had kept this as a secret from her. Sunny Deol one day saw Shahid Kapoor on Dubai roads & Sunny Deol was shocked to see exact facial & physical similarity between Shahid Kapoor & Sharmila Tagore's son who has passed away. Sunny hires Shahid Kapoor to play act the role of Sharmila Tagore's son.
In a mall in Dubai we see Shahid, Ayesha and Paresh steal something and the security guards chasing them. Shahid is running away showing his BMX tactics. Sunny comes to Shahid's rescue.
Chunky lands in Dubai and cannot resist the urge for guns. He calls Arbaaz Khan. Arbaaz knows Chunky has the diamond. Arbaaz gives Chunky a freee gun & tells him that instead of giving money for the gun to Arbaaz, Chunky should do Arbaaz a favour. Chunky should go to Zakir's illegal bookies place and bet on Arbaaz's behalf. Arbaaz Khan sends him to Zakir's den for betting. On Arbaaz's instructions Paresh Rawal, Shahid Kapoor, Ayesha Takia & Johny Lever decide to kidnap Chunky.
They go to Zakir's bookies & wait outside to kidnap Chunky. On seeing another man they mistake him to be Chunky & make him unconscious. On realising their mistake they decide that since we don't have the right man, Arbaaz will now kill them. So in order to pay back Arbaaz they decide to go inside the bookies & rob it. But once they break inside the bookies they realise that all the money has just been taken by Zakir's men. So they come out disappointed & suddenly see Chunky. They kidnap Chunky & take him to Paresh Rawal's Antique shop.
At Paresh's shop, Arbaaz Khan comes and shots Chunky and walks away with the diamond. In the meanwhile, there is an altercation between Sunny and Vivek's fighter. Sunny knocks the fighter out. Zakir asks Vivek to bring Sunny for fight. Sunny knocks out Zakir's fighter also. Zakir is furious. He swears revenge.
Meanwhile, Zakir learns that it was Paresh Rawal, Shahid Kapoor, Ayesha Takia & Johny Lever who had attempted to rob his bookies. Zakir comes to Paresh's Antique shop to punish Paresh & his group, but in the process Zakir comes to know that Paresh & his friends had robbed Chunky who was carrying a diamond & subsequently that diamond now has been taken by Arbaaz. Zakir warns Paresh Rawal, that he will only forgive Paresh Rawal & his friends if they bring the diamond from Arbaaz & give to him or else Zakir will kill them all.
Gulshan calls Asrani and he comes to know about the missing Chunky and the diamond. Gulshan lands in Dubai and recruits Jackie Shroff to look for Chunky who has been kidnapped by Paresh.
After tis, these stories intercross each other towards a comic and action packed finale.
(From the official press booklets)