1992
Rahi "Bunny" Gambhir works as a stunt double in Bollywood, but leads a secret life as a spy for Guru alias "Baba". Bunny’s team consists of Chacko and Ludo, who are like family to him. One day, Bunny meets Hanimandakini Honey Raj, a struggling actress (flashback reveals she's the illegitimate daughter of a royal family in Andhra Pradesh). They start to get close and he eventually asks her to join him for a side gig. Honey agrees, but things go wrong when they are intercepted by Zooni's led by Shaan, and she gets shot. Honey recovers at Bunny's place and he reveals his background and secret life as a spy to her. They fall in love and Honey decides to become an agent, where Bunny trains her and eventually lets her join the team.
Their next mission takes them to Belgrade to track down Dr. Raghu Rao, who is supposed to be there to retrieve a device called Armada, from Dr. Pavel. Armada is a high-tech gadget that can track important individuals and is valuable in arms dealing, something Zooni has her eyes on. Honey finds out she is pregnant and discovers that Dr. Raghu is an innocent civilian. Bunny promises her that Raghu will not be harmed, but Baba orders him to kill Dr. Raghu anyway. Zooni is revealed to be leading Citadel. Devastated by Dr.'s death and realising she's on the wrong side, Honey leaks Baba’s location to Citadel and has him arrested. Honey reveals her pregnancy to Bunny and escapes with the Armada. However, Kedar KD, a new recruit, attacks Honey’s car, seemingly killing her. Bunny is fired by Baba believing him to be responsible for getting Honey into their lives.
2000
Honey has survived and is now living in hiding with her daughter Nadia, in Nainital. Baba's new agents eventually track them down to retrieve the Armada. Bunny, who now works as a singer in Bucharest, finds out that Honey and his daughter are still alive through a secured online chat with Ludo. Bunny reunites with Chacko and they start looking for Honey. KD is sent to hunt Honey down, but Bunny intercepts him at Base 33 and kills his team, alerting Baba. Honey takes Nadia to the ancestral palace in Andhra Pradesh where she was born and grew up and tells her about her past.
Bunny, Chacko, and Ludo locate a Citadel base in Mumbai and track Honey’s whereabouts. They discover that Zooni Shatsang, the Director of Citadel India, has been working with Baba and even helped him escape from Citadel's custody in 1999. Baba was an ex-Citadel agent and managed to turn Zooni by spinning emotional stories about her husband, Rinzy who was also Baba's best friend. Honey passes this information to Shaan, Zooni's colleague, who arrests her. Meanwhile, Bunny goes to Baba and destroys the Armada in front of him, telling him to now leave his family alone.
Honey and Bunny regroup at her ancestral palace, but KD and his team track down and attack them, ignoring Baba’s orders not to attack them; KD continues the assault. The palace is left in ruins, but Honey, Bunny, and Nadia narrowly escape. They are ambushed again by KD and Bunny lets Honey and Nadia escape, while he stays behind to face him. In a final showdown, they shoot each other, but survive; Bunny convinces KD to see how Baba has been manipulating young recruits like them all along. More agents arrive to capture Bunny and Honey, but Bunny stands ready to fight back, while Honey and Nadia wait for him, ending the show at a cliffhanger.
