Goopy and Bagha, two magicians, meet Acharya, who believes a 12-year-old boy named Bikram from Anandpur will cause his death. Impressed by Goopy and Bagha's magic, Acharya offers to make them 20 years younger in exchange for three priceless jewels. The duo discovers the missing boys, all named Bikram, in Acharya's castle and decide to rescue them. With the help of Pandit Nayratna's grandson Kanu, who is the real Bikram, they confront Acharya and ultimately triumph over the forces of evil, securing the safety of the boys and thwarting Acharya's plans.