Kalu is a taxi-driver in Bombay, India. He has two women who love him and would like to marry him. Kalu first wants to establish himself, and become rich, before he can even think of marriage. One of the women who loves him, has a father who is involved in gangster-type activities, and would like Kalu also to join him so that he can get rich soon. Kalu has now to decide to become rich quick or sleep better.

The Crown Prince of Malabar dallies with Rosita whilst his people suffer at the hands of cruel Portuguese colonists. Whilst voyaging on a Portuguese ship, the Prince is captured by patriots who are rebelling against the foreign invaders. They are led by a girl called Nisha known as "The Falcon" ("Baaz"). The Prince conceals his identity from Nisha and a romance blossoms between them. Together, they rouse the people, rout the Portuguese and free the Kingdom - but can a commoner marry a Prince ?

Nawab sees Jameela in a market and instantly falls in love with her. The situation gets complicated when Aslam, his childhood friend, also ends up liking her.