In 1982, when Mumbai mills started shutting down, many unemployed young men took to the world of crime, one of them being Arun Gawli. Gawli started gambling in Matka dens on the insistence of his friends Rama Naik and Babu Reshim but to earn quick money the gang started killing people for extortion where he finds him in the books of a Don Maqsood Bhai. After Babu Reshim's death, Rama Naik takes over the gang and runs with Gawli who's fondly called Daddy, and develops a rivalry with Maqsood. Gawli marries his sweetheart Zubeida, who asks him to leave the world of crime, but Gawli takes over the gang after Rama Naik gets killed by a rival gang.