Amar, Akbar and Anthony are close friends living in Kochi. They enjoy a carefree life. Their perceptions and beliefs get shattered with an unexpected event and the resulting story forms the plot of the movie.

The story revolves around a bunch of college students living in a boy’s hostel. The story unfolds over a period of four days in the hostel. Problems begin when a young woman enters the hostel.

The story of “Chandrettan Evideya” revolves around Chandramohan (Dileep), who is a government servant and also an ardent classical dance follower and his wife Sushama(Anusree) is also a government employee. But the doubting wife keeps track of each and every thing her husband does. Chandramohan is well known among art followers as a good critic of classical dance. His reviews are often published in leading magazines. Considering his close association with beautiful dancers, his wife Sushama keeps close tabs on him by making phone calls every now and then. One fine day, they decide to go for a trip to Thanjavur where they meet an astrologer who tells them certain aspects of Chandramohan’s previous life, which forms the crux of the story.

Gowtham is a geeky loner with hardly any social connections, though he was a jovial guy while at college. His parents, being worried about his extreme changes, attempt to bring back his old self with the help of Gowtham’s friends from college days.