Champak Chaturved (Paresh Rawal) has a theatre group in India and he performs shows all over the country. Bunty (Akshay) and Babla (Govinda) along with others are actors in the group. Both are very naughty natured guys who never miss any chance to flirt with girls, even the girls in the group. At the completion of one show, an organizer offers Champak's group to perform 30 shows in England. They all get very excited but as per the contract they need to leave for England on the same day. Unfortunately the heroine of the play opts out due to Bunty's misbehavior.
They reach London and through Rajpal Yadav, a taxi driver, Babla and Bunty try to find out a girl for their play but it leads to many misunderstandings and a series of funny sequences. In this process, Babla and Bunty fall into trouble involving a drug baron and other mishaps.
Thereafter, the trio discovers a girl Lara Dutta, who suffers from amnesia to act in their drama and just as Bunty and Lara fall in love, her memory returns and it brings chaos into their lives, including a murdered husband!
There is nothing to keep the laughter flowing. Not even Akshay Kumar and Paresh Rawal who end up repeating their Hera-Pheri antics, minus the fun quotient. So you have Akshay rehashing the role of the streetsmart prankster and Paresh Rawal donning the garb of the avuncular godfather — here, he is a theatre director — while Govinda pitches in as the simpleton in this familiar trio. Govinda doesn't get it right in his comeback vehicle. Paresh Rawal is competent, while Rajpal Yadav is superb, but is sidelined in the second hour. Lara Dutta lacks the talent to carry off a challenging role. ackie Shroff is mechanical. Arbaaz Khan doesn't get much scope. Shakti Kapoor is in true form. Asrani, Sharat Saxena, Manoj Joshi, Razzaq Khan and Amita Nangia are okay. Tanushree Dutta looks glamorous in the 'Signal' track.
Priyadarshan's silly comedy does not end here. The three actors --Akshay, Govinda and Paresh -- are wanted by the London police for a murder and their pictures are flashed all over the local newspapers. Yet, they roam all over the city without a care.
On the whole, BHAGAM BHAG will be loved for its comedy in the first hour