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The story of Gun Pe Done revolves around a new year`s eve party thrown by a bootlegging kingpin. Bootlegger Manik Singh and his gang want an item girl for the party which will be attended by his political cronies. However, Raziya, the dancer and her boyfriend Pancham are not too keen to entertain the hooch mafia.
To make things even more complicated, there are also a couple of journalists who want to sneak into the event for a sting operation. What happens at the party when their paths collide forms the crux of the story.