Nuclear scientist Shekar, who has created the formula Plasma Binson, which can destroy any object on earth. This formula is eyed by the rival team and uses Shekars love towards horse racing as a bait to get him into their team. Many fluke horses start winning at Bangalore Turf Club and Agent 999 (Prakash) is assigned to investigate this mystery. With his sidekick Baby Narasimharaju, Agent 999 works to destroy the formula itself. Whether agent 999 uses his witty skills and crack this formula forms the crux of the movie. Rekha played a sensuous Bond girl in this movie. The film is the third movie in the CID 999 Franchise, created along the lines of the James Bond and James Bond - styled films, with the first two being Jedara Bale & Goa Dalli CID 999. The success of this movie led to one more sequel - Operation Diamond Racket. This was the debut movie of actress Rekha in a lead role.

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