高考成绩出来了,然而里特什的分数并不能被任何大学录取。然而这种情况不只发生在他一个人身上,他的好友波亚和南吉也跟他一样。他们试图让他们的朋友毗湿奴的爸爸,大学教育资助委员会议员帮忙让他们录取,但是毗湿奴的爸爸反而羞辱了他们一顿。如果没被任何大学录取,里特什就得在他爸爸的废品店工作,波亚的爸爸会安排她结婚。一群绝望的朋友聚集到了一起,为了平息父母的怒火而创建了一所假大学FALTU。在他们的金钱资助者谷歌常德的帮助下,他们聘请了巴吉劳,一个由于过分开放的教学而不被他的学校校长接受的教师作为他们的校长。原本一切都进展顺利,只要躲过了他们父母来访的那一天,一切就万事大吉了。是令他们意想不到的是,从各地赶来了一大群跟他们一样,没有被任何大学录取的学生。就这样里特什和他的朋友们在这条造假的路上越走越远...After barely making it through their Secondary School Certificate examinations, Ritesh Virani, whose father is a Kabadia, is unable to get admission in any college. He is not the only one though, his pals Pooja Nigam and Nanj Nair are also in the same leaky boat. They attempt in vain to secure admission through the father of their scholarly pal, Vishnu Vardhan. Then Ritesh's father decides to fire his hired help and get his son to do the work, and Pooja's dad decides to get her married, the desperate friends get together and concoct a fake college 'Fakirchand And Lakirchand Trust University', with the help of their money-lender friend, Google Chand. They recruit school-teacher, Baaji Rao, as Principal, whose performance is unacceptable by his school principal due to lewd references to 'Munni's Badnami' and 'Sheila's Jawani'. Google Chand offers them a derelict mansion in Panchgani, which they must renovate, invite their respective parents and show them that they have finally been accepted in college. Things get out of hand when scores of youngsters with poor marks show up, insisting on being admitted. Unable to handle the situation, the group let things ride - but not for long - for soon the police and Mr. Vardhan will get involved - threatening to burst their bubble once and for all.