Story: An Indian queen asks her bodyguard to steal back gold taken from her by the Indian government during The Emergency period in 1975.
Baadshaho is inspired by real-life events during the Emergency and revolves around stolen gold, a thief (Ajay Devgn), an army officer (Vidyut Jammwal), a character inspired by Maharani Gayatri Devi (Ileana D’Cruz). Maharani Gitanjali Devi (Ileana D’Cruz) from one of the Rajasthan’s Princely States has already lost her privy purse. The story revolves around a group of thugs who decide to loot the gold confiscated from Rani Gitanjali, and being transported to Delhi by road.
Maharani Gitanjali (Ileana D’Cruz) is a princess to a royal family in Rajasthan. As every royal family has loads of gold to themselves, so does this royal family, but her ancestors did not hand it over to the government of the country even after the ancestral reign was over. In 1975, the then Prime Minister of India, Indira Gandhi declared the state of emergency in the country. Around the same time, Sanjeev (Priyanshu Chatterjee), an influential person in the Congress government, has been snubbed badly by Gitanjali. To seek revenge, Sanjeev asks army officer Rudra Pratap Singh (Denzil Smith) to confiscate all the gold in Gitanjali’s possession and to put her behind bars. Rudra follows Sanjeev’s instructions and imprisons Gitanjali after forcibly taking possession of the gold rightfully belonging to the government but still held by her.
Rudra asks his trusted lieutenant, Seher Singh (Vidyut Jammwal), to transfer all the gold to Delhi safely to the government and for that, he gives Seher Singh a custom-made truck with a powerful safe in it, in which he keeps all the confiscated gold. As Rudra and Seher Singh are discussing, Sanjana (Esha Gupta), Gitanjali’s trusted aide, is sent by her to eavesdrop their conversation and get a whiff of their plan. Gitanjali then plans an entire scheme and wants Sanjana to accompany Bhawani Singh (Ajay Devgan) in getting all the gold back and eventually release her from the jail.
Gitanjali briefs Bhawani Singh, her trusted lieutenant, about the gold and how she needs it all back to look after the people in her village. The loyal Bhawani Singh promises to retrieve the gold and return the same to Gitanjali with whom he shares a romantic relationship.