Awara Paagal Deewna is an action comedy where a dentist gets unwillingly involved with the underworld. Om Puri, an underworld Don, leaves a will in name of his daughter Preeti (Preeti Jhangiani), son-in-law Guru (Akshay Kumar) and his son Vikrant (Rahul Dev). But, all 3 have to be present to claim his immense wealth.
This starts a war between Vikrant and Guru where in Guru is accused of a serious crime and has to flee from the country. Vikrant declares a huge reward for the information of the whereabouts of Guru. Anmol (Aftab Shivdasani) comes to India, forced by his greedy wife, to reveal about Guru. In India, he meets Anna (Sunil Shetty) who offers him help. The race begins between Vikrant, Anna and Guru.
Who will get Don's wealth? Money makes the world go around!