Seven teenagers Ashutosh, Raja, Julie, Shiva, Ronnie, Sanjeev and Rahul battle an evil force that takes the form of a clown called Woh who kidnaps children, and free the town of Panchgani of his evil influence. They promise to return, if Woh ever returns. Fifteen years after they part ways, Ashutosh starts seeing balloons, at places where children are being kidnapped. He immediately recognises that Woh has returned and calls his friends to return.
All the friends return except Sanjeev who gets killed by Woh. The day they realise this, the police take the friends into custody, and they narrate how they battled Woh with the help of Samidha fifteen years ago. The police believe them and release them. They go and meet Samidha and she joins their group. They battle Woh with difficulty. That same day Ashutosh learns his wife is pregnant and Raja proposes to Samidha. All the friends return to their normal lives.
Bad omens occur during the birth of Ashutosh's child Siddharth. His doctor and Ashutosh's wife's aunt are mysteriously killed. Ashutosh's friends arrive for Siddharth's seventh birthday, and realise Woh has returned as Siddharth. They go to the same caves and discover from Woh's mother that he was her son, who was bullied by society because of his dwarfism. He killed himself and became a vengeful ghost. The friends convince him to leave Siddharth's body and help him attain salvation. Siddharth is saved and the story ends on a happy note.