‘Saheb Biwi Aur Gangster’ returns with the Royal Scandal, the war for power, and fight for money continues. Aditya Pratap Singh (Jimmy Shergill) is crippled and is trying to recover from the physical disability and his wife's betrayal.

The lover cum seductress Madhavi Devi (Mahi Gill) is now an MLA, her relationship with Aditya may have broken to shambles but her relation with alcohol is deep, dark and daunting. Indrajeet Singh (Irrfan Khan), a ragged prince who has lost everything but his pride, pledges to get back his family's respect which was once destroyed by Aditya's ancestors. Ranjana (Soha Ali Khan) is a modern ambitious girl who is madly in love with Indrajeet Singh.

The story takes a new turn when Aditya falls in love with Ranjana and forces Birendra, her father, for their marriage. In this game of live chess between Saheb, Biwi and Gangster, the winner, the survivor, takes it all.