The story follows a rich businessman called Shravan who plays with fire,women and anything he can get his hands on. Shravan has everything one can dream of having and what he doesn’t have, he buys it. One day, he meets the beautiful and vivacious Varsha, whom he tries to woo, become friends with her and after a while, proposes marriage to her, to which she eventually agrees. The couple get engaged, and go on a small holiday.
However, Varsha’s beautiful dream comes to a shocking end when Shravan tells her that his love for her was just a drama to get engaged. Heart broken and shattered, Varsha’s whole world collapses around her. She leaves the country and goes as far away as possible from Shravan ,and begins to start a new life with a new name of Payal. Shravan returns to his home, and says things didn't go well with Varsha.
After the incident, years pass by into a decade and then Payal meets a man named Karan (Ajay Devgn) a young artist, who begins to follow her, and explains she is the woman he sees in his dreams ,they fall in love. Payal agrees and they begin wedding preparations. Everything is going well, and the whole village is invited to the wedding. Little does poor Payal know that "Shravan" - is brother of Karan.
During the ceremonies week, prior to the wedding, Payal's world turns upside down as she sees Shravan and Shravan notices her! Word gets around and spreads like wild fire and then Karan, who then finds out the truth that was hidden from him by Payal, becomes dismayed , hostile, confused and tries to commit suicide. At this point, luckily Shravan comes to Karan and explains him that it was all his fault- he had played with Payal/ Varsha's life long time ago. Shravan is hurt and struggles to make Karan promise to take care of Varsha/Payal and also not to tell the family that Payal is Varsha. He tries to ask forgiveness but dies in the arms of Karan.
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