Aishwarya (Ambika) is a reporter for a newsmagazine looking to investigate the connection between politics and crime in Kerala. She is drawn to the life of Sagar alias Jacky (Mohanlal) who runs a clandestine gold smuggling business for Shekharan (Suresh Gopi), the son of a the state Chief Minister. Jacky is an enigmatic character who stops the smuggling business from growing because of ethical issues with narcotics, and spends his personal time pining for a girlfriend (Urvashi) who is serving time for murder. Ambika publishes a sensational article connecting Jacky to the minister, and pushes the uneasy relationship between Shekharan and Jacky into an open confrontation.

Sagar, known as Jackie, among the criminal underworld, is called by his friend Indu to rescue her husband Manu from the Rozario gang, who kidnapped him. Jackie rescues Manu with ease, but it ensues a gang war.