Loot kaand follows siblings Latika and Palash from a small town in West Bengal as they devise a bank heist to solve their troubles. Palash and Latika plan to steal the petty cash box from the bank but they are unaware of hidden forces at work. Soon, the sibling duo find themselves entangled in chaos involving guns and arms which fell in 1995 during an arms drop.

The residents of Malegaon look to Bollywood cinema for a much-needed escape from daily drudgery. Amateur filmmaker Nasir Shaikh gets inspired to make a film for the people of Malegaon, by the people of Malegaon. He bands together his ragtag group of friends to bring his vision to life, thereby bringing a fresh lease of life into the town.