No Problem movie is comedy flick which revolves around three characters Yash (Sanjay Dutt), Raj (Akshaye Khanna) and Inspector Arjun Singh (Anil Kapoor).
In Durban, Yash (Sanjay Dutt) and his best friend Raj (Akshaye Khanna) are two small time thieves, the former wanting to start fresh with an honest life and the latter wanting to continue living life as a thief with his plans always ending up Raj's plans. Yash robs a bank, but that also puts the suspicion on their neighbor and bank manager Zandulal (Paresh Rawal) that he robbed the bank himself. Soon, Zandulal swears that he will catch the two thieves and prove his innocence.
Also in Durban, Inspector Arjun Singh (Anil Kapoor) is a quack cop who is always on his wife Kajal's (Sushmita Sen) hit list. Kajal is the daughter of the police commissioner (Shakti Kapoor) and has developed a severe case of multiple personality disorder, mainly because of discovering that her husband is a zero and not a hero. One moment she's the best wife in the world, the next she's bound to be on America's Most Wanted.
Arjun is chasing after Marcos(Suniel Shetty), who's gang robbed diamonds worth millions of dollars, Raj falls in love with Kajal's younger sister Sanjana (Kangana Ranaut), and soon a madcap chase follows, forming the crux of this comedy.