Ustadi Ustad Se focuses on the lives of two conmen Rajesh and Sanjay who later on become friendsthey fool people to earn their living. One day they came across a beautiful girl Seema and Raju finds out that she is his childhood love. With the consent from her folks they decide to marry. But on the wedding day, a lady appears with a child and easily proves that she is Rajus real wife and the child is also his. Was Raju cheating Seema? Is the lady a fake? If not then who is behind all this?