Along the highest mountain passes of the Himalayas, tough, intrepid Jalan (Milind Soman) and his gang earn their living by stealing from unsuspecting travellers. Abiding by their own, unique codes of honour and dividing the spoils equally, all is routine until the arrival of the mystifying, beautiful Ushna (Lena Jam-Panoi). Appearing mysteriously after the raid of a pilgrim caravan, Ushna adheres to Jalan, claiming to have seen him in her dreams, and refusing to leave his side. Sensing the unsettledness of the rest of the men, Ushna offers to help them in their endeavours, under condition that they not ask why or how she is able to guide them to success.
In the time that follows, Ushna leads the gang to tremendous exploits, gaining the respect of the men, and the admiration of Jalan, who begins to fall passionately in love with this mysterious woman. As their success increases, seemingly unstoppable, so the love between Jalan and Ushna mounts in intensity, until they seem to have entered a world of their own. No longer heeding of the world around them, Jalan and Ushna venture too far in their exploits, progressing from the theft of material objects to tampering with elements that should never be tampered with; stealing energy, luck and even the powers of levitation, the two cross over into the bounds of the supernatural, until fate puts an abrupt end to their rapturous adventure.
Word of the duo and their strange exploits reaches the shrewd, robust General Yeti (Naseeruddin Shah), who takes after them with his gang of experienced bounty hunters. In the confusion of pursuit, Jalan and Ushna face a temporary separation, the shock of which drives each to desperation. Having lost luck, wealth and friends, the fated two are nevertheless fortuitously reunited. Their passion running higher than ever, they vow never to be separated again, even if this entails deceiving fate and cheating mortality. But life always reserves surprises...