Jeevan Ya Bheema Con? is a quirky comedy thriller revolving around Yojana (Sanjeeda Shaikh), who returns home after attending what she believes to be the cremation of her husband, Jeevan (Arshad Warsi). However, Jeevan is very much alive. The couple had secretly arranged for his lookalike, Bheema, to be cremated in Jeevan’s place so they could claim his insurance money and clear their mounting debts. Their carefully planned deception soon spirals out of control when two dangerous goons, Vinayak (Vijay Raaz) and Manu (Brijendra Kala), arrive at their doorstep. They believe the man at the centre of the confusion is actually Bheema, who has allegedly stolen their diamonds and escaped while impersonating Vinayak. As identities become increasingly blurred and secrets begin to unravel, a series of unexpected twists raises one question after another: Is the man really Bheema? What happened to Jeevan? And where are the missing diamonds?