Ringeraja is a movie about two brothers, Ringe and Raja. One of them is a criminal, while the other one is a graduate student - two different worlds. The criminal is trying to please his girlfriend's father, so he asks his brother to switch roles. He is going to pretend to be a student, and the real student has to act like a criminal.

Nemanja leads a normal life with a steady job and a fiancée, until he is waylaid by a sudden downpour in a seedy hotel called The Wheel. The hotel is populated by seemingly upstanding citizens, until Nemanya is accused of being the notorious Laughing Monster, a serial killer who has been terrorizing the neighborhood.