'Hera Pheri' holds a special place in the history of Hindi cinema for number of reasons.

1) It is easily amongst THE BEST 5 comedies of all times
2) It is THE movie that firmly established Priyadarshan as the 'King Of Comedies'
3) It reaffirmed THE belief that Akshay Kumar-Suneil Shetty combo always spelt magic
4) It is THE movie that proved that Akshay Kumar was much more than just an action hero
5) It is THE movie that made Paresh Rawal the STAR he is today because after 'Hera Pheri' there was no looking back for him

And now there is more enjoyment in store as the deadly trio of Baburao [Paresh Rawal], Raju [Akshay Kumar] and Shyam [Suneil Shetty] are back at what they are best at - LAUGH AT THEMSELVES! Because they are now ready to do 'PHIR HERA PHERI'! Prolific writer Neeraj Vora, who was also the man behind the dialogues and screenplay of 'Hera Pheri' takes over the mantle from Priyadarshan for the sequel while the leading lady Tabu is replaced by Bipasha Basu and Rimmi Sen who has been Priyadarshan's current favorite after 'Hulchul, 'Kyun Ki' and 'Garam Masala'.

Everyone remembers what happened to Baburao, Raju and Shyam when 'Hera Pheri' ended? Well, they became rich; in fact super rich, because they managed to save the daughter of a rich businessman [Kulbhushan Kharbanda] after she was kidnapped by BAD MAN Gulshan Grover!

And what happened to all that money from thereon?

Did Casanova Raju throw it all away due to his philandering ways?
Was Shyam able to repay all his loans and still save some for him and his family?
Did Baburao succeed in sending off all the creditors happy from his doors and furnish his damaged garage?

Did the three lead a simple life or they became greedy for more?

Well, not much is known about others but at least Raju wanted a quick way out to increase his wealth. Each of them did want to invest money at the right place but 'shortcut' Raju had some different plans. After all the man, who never shied away from saying "Main Paise Ke Liye Kuch Bhi Kar Sakta Hoon!", could hardly change!

He had a PLAN. A plan that could double the investment in quick time. And for that they needed some money to get started. So what's the trouble? Well, the trouble is that the combined money of three of them too wasn't anywhere near what was actually wanted on the table!

While simple-at-heart and clean-at-mind Shyam and Baburao didn't really have much clue about how to get started, Raju [as expected] knew how to get out of this tricky situation! The trick was to find two investors who could help them in arranging for money and convince them that this was going to be profitable for everyone involved!

Soon he did find the investors, one of them being none other than Rajpal Yadav. But he has his own troubles as well! How? Because he himself has borrowed money from a 'totla' DON - Sharat Saxena. He stammers, but he kills!

In their quest for more money and wealth, Baburao, Raju and Shyam find themselves to be a part of one more exciting adventure of their life. They do take a risk and now they have to run to to save themselves!

A hilarious show in the offering, the film has Rimmi Sen [Anjali] and Bipasha Basu [Anuradha] as the leading ladies supported by horde of comic actors like Johny Lever, Suresh Menon, Suniel Pal, Tiku Talsania, Javed Khan, Manoj Joshi, Razzak Khan and Dinesh Hingoo. Music of the film is handled by current hot favorite Himesh Reshammiya and Sameer is the lyricist. PHP is slated for a June release.