Dev, Suhana, Ganguly, Bhajji, Venky and Rati are final year students at the modest Bharti School. The five are tied together in a timeless bond of friendship. Even as they indulge in the spirit of innocent adventure, they also have to find their way through a maze of trials and tribulations imposed on them by the establishment. They all live in a carefree illusory world where lofty ambitions and preparations for a secure tomorrow have little or no meaning. Driven by the invincible spirit that spells out - Rok Sako To Rok Lo, Dev and his friends are still no match against Ranveer, the undisputed champion from the elitist Valley High School.
Ranveer has all the luxuries most youngsters his age crave for. Intimidated by Ranveer's muscle power and money power, Dev and his friends falter and fail. Their smiles disappear and gloom takes over. Suddenly, from nowhere Kabir enters their life. Kabir, whom they refer to as Phantom, is a mysterious and seemingly unapproachable Harley Davidson biker who inspires awe in all. An unexpected turn of events results in Kabir riding into Suhana' s life and eventually befriending her gang.
A loner himself, Kabir is drawn towards these youngsters by the sheer magic of their innocent and unconditional friendship. With his unconventional wisdom, Kabir provokes Dev and his friends to stand up and face the challenges thrown at them. Dev's faith in friendship and his friends are reinforced. He discovers his first love, his true love. The film climaxes into a grand operatic crescendo as Dev, Suhana and their friends, for the first time ever live their motto of Rok Sako To Rok Lo in its truest form.