Phantom film is all about Pailey (Mammootty) has come from Irutupetta, a small village in rural Kerala to Mumbai and made a reputation for him. He had come initially to Mumbai with the hope of creating it massive in Bollywood as an actor. However after many failed makes an attempt, he turns into a stuntman who turns into the dupe for giant stars. As a consequence of his dare satan stunts he will get the title Phantom Pailey.
