James (Prabhu Deva) and Pandu (Parthiban) are porters. Though they were inseparable friends before there is no love lost between them now. James is in love with Renu (Renu Desai) while Kousalya (Kousalya), a mute, has feelings for Pandu. The owner of a chit fund company ('Nizhalgal' Ravi) hires James to 'steal' a bag of money from himself so he could abscond with the money. But his manager ('Thalaivasal' Vijay) hires Pandu to steal the bag from James. When James and Pandu lay their hands on the money, they become friends again and decide to split the money. But the chit fund owner is found murdered and they become the prime suspects. In the climax, Mouli comes to court and tell the truth that he only killed Ravi because he would cheat many people. James and Pandu are proven innocent.
The film saw Parthiban and Prabhudeva acting together for first time, though they appeared previously together in Suyamvaram but they didn't have any scenes together. Title of the film is a spoof on Hollywood's famous character James Bond. The first shot was taken at the Arunachalam studios. The unit picturised two songs in the snowly and hilly areas of Gangtok in Sikkim. There at a height of 14,000 feet is based an army camp, reported the highest situated army camp in the world. The unit, that got the permission to shoot there, had much difficulty picturising the songs in the cold hilly area, but have returned triumphant. Participating in the songs were Prabhu Deva and Renu. A ten days shooting schedule in Chennai followed by shooting, at places like Hyderabad, Chalakkudi and Mercara.