Devathalara Deevinchandi

Devathalara Deevinchandi is a Telugu film directed by Kommineni Seshagiri Rao. His debut film was hit and resulted in many successful films later.

The story revolves around five close friends Mohan Ranganath, Kubera Rao Haribabu, Muralikrishna Chandramohan, Giri Eswara Rao, and Ravindra Madala Rangarao. Kubera Rao knows about a hidden treasure in the Nallamala forest. The friends go to forest to find the treasure in a Naga Temple. They hurt a Nagadevatha during a ritual. Kubera Rao soon dies of a snake bite. Nagadevatha who takes human form as Phani Jayamalini and takes revenge on the five friends.

Source: Wikipedia