The story is focused on four good-for-nothing friends, Ritesh Virani [Jackky Bhagnani], Puja Nigam [Puja Gupta], Nanj Nayar [Angad Bedi] and Vishnu Vardhan [Chandan Roy Sanyal]. Three of them are always rejected from a administration to college, except Vishnu who is selected to St. Peters College, the highest rated college of Delhi. Realizing his friends troubles, Vishnu decides to quit St. Peters unaware of his dad knowing that he has. The four friends decide to make their own college named "Fakirchand and Lakirchand Trust University [F.A.L.T.U]". They get Riteshs childhood friend "Google" [Arshad Warsi] to help them by buying a building for the college. The three tell their parents they have finally been selected to a college, with Vishnus dad still believing he works in St. Peters. Their parents come to see the college, and Google rents some fake looking students to make their parents believe they are real students. But some real students show up for an admission, and therefore Google creates the college and hires Bajirao [Ritesh Deshmukh] as the principal. When the police investigate that it is a fake college, they are called to court. So they decide to get Google Chand to play as a fake lawyer. The four friends parents fall out, except Riteshs father, who supports him the whole way through. They then decide to do a talent show at St. Peters College, where Vishnus father [Akbar Khan]interrupts them while they are performing, and abuses as well as embarrasses them. That is when guest star Mithun Chakraborty enters, and explains the true meaning of learning, education, life and F.A.L.T.U. Later on, after the show ends, all the parents realize their folly, embrace their children, and F.A.L.T.U finally becomes a real college.

Soundtrack

| Recorded = | Producer = | Genre = Feature film soundtrack | Length = | Label = Sony Music }} The films soundtrack is composed by Sachin-Jigar, with lyrics penned by Irshad Kamil. The song "Lejaa", by Atif Aslam, was in the top 10 chart busters of 2011.

Box office

= According to Box office India, F.A.L.T.U performed a "good" opening nationwide, but loosened the weakness throughout the second/third week. After a month of its long running-release, F.A.L.T.U collected a grossed circuit of 30 crores worldwide, and was declared a Semi Hit at the box office. It was also premiered on Asian channel MAX on 26 June 2011.

Critical response

= Taran Adarsh of Bollywood Hungama gave the film 3.5/5 claiming it to be a "coming-of-age energetic film which we need for a long time!" Rony Dcosta from the Desi Martini rated it 2/5 saying "Along with Game, this one is an April fool joke on the audience aswell." Rajeev Masand from CNN-IBN mostly gave it negative reviews like calling its comedy "dumb" by rating it 1.5 out of 5 and stating "It doesnt help when you just USED advantage of attractive cast like Arshad Warsi and Ritesh Deshmukh only because there actually good, the main actors dont even have one acting bone between them, and that the film feels much longer than its roughly two hours running time."

Track listing

= The soundtrack contains 9 original songs.