Valmeekam is a love story that traverses the distance from the naxalism of that period to the present day. Narikode Narayanan was a police officer during the Emergency and known for his extreme cruelty. Now retired, he is ostracized by society and lives in isolation. He is filled with remorse. Guilt follows him everywhere till he finally admits in court about the death of Rajan at his hands during interrogation while under lock up
The deceased Rajan was in love with Krishnapriya, an ordinary girl living in the Dhobi colony. She is now a teacher, still a spinster waiting for Rajan's return. It is through sheer chance that Krishnapriya meets Commissioner Rajashekharan, also a former classmate of Rajan. Together they confront Narikode Narayanan.