Taqdeer Ka Badshah is an action musical drama. The movie begins with Shankar (Pran) falling in trouble and getting arrested for the crime he didn’t commit; however, before going to jail, he entrusts his friend Bhola (Amjad Khan), with the custody of his son Ratan (Mithun Chakraborty). Shankar asks Bhola to raise Ratan in a way that the boy grows up becoming a daredevil, who succeeds in everything he does and rules the world. However, it is yet to be found, what happens when Ratan loves his father?