Episode 4 of *The Ba***ds of Bollywood* opens with an introduction to Gafoor, the enigmatic gang leader who has been evading capture for the past 15 years, shrouded in mystery and intrigue. The narrative then swiftly shifts to Parvaiz breaking the news to Aasmaan that Freddy has inked the contract, sending ripples of excitement through the group. However, amidst the celebrations, Sanya casts a shadow of doubt, her skepticism palpable.
Seeking to extend the festivities, Aasmaan and his comrades head out for a night of drinks. Parvaiz, ever the matchmaker, suggests Aasmaan invite Karishma to join the merry gathering. Yet, Ajay, sensing an opportunity, intervenes by inviting Sameer over, effectively thwarting Karishma's attendance. Disappointment washes over Aasmaan when Karishma conveys her inability to partake in their revelry.
Parvaiz, attempting to console Aasmaan, gently reminds him that Karishma might be out of his reach, urging him to channel his energies into honing his acting prowess instead. The following day, headlines blare the news of Freddy Sodawalah's financial ruin, announcing the imminent closure of his production house within three days.
Meanwhile, Karan stumbles upon a new melody crafted by the musical duo Avtaar and Adam. Enamored by the tune, he seeks an audience with the pair. On a happier note, Aasmaan receives word that his father is on the mend post-surgery, prompting a joyous celebration that intertwines Aasmaan's triumph with Avtaar's musical success.
That evening, Ajay observes Karishma departing with Aasmaan for a rehearsal session. Offering his assistance, he volunteers to join them in rehearsing their lines. Aasmaan finds himself struggling to deliver romantic dialogues to Karishma with her father lurking in the background. Their rehearsal is abruptly halted when an ardent fan barges into Ajay's abode, eager for a photograph with the celebrated actor. Aasmaan is taken aback by Ajay's unwavering professionalism amidst the chaos.
As Aasmaan prepares to leave, Karishma extends an invitation to her birthday bash, leaving him both flattered and elated. The next day, Ajay confronts Karan, demanding the excision of all intimate scenes from the film. The filmmaker, unyielding, refuses to comply, sparking Ajay's ire.
Later, Ajay chances upon a men's cream advertisement featuring Aasmaan, igniting a flicker of concern. Determined to address the issue, he sets off to meet Sameer for a crucial discussion. Meanwhile, Freddy, humbled by his recent setbacks, finally addresses his manager, Jeejeebhoy, with a rare display of politeness.
Jaraj revels in the demise of the man who orchestrated the ruin of his career, the very same individual Freddy had blacklisted him with. Jeejeebhoy spills the beans to Jaraj, detailing the clandestine deal between Ajay and Freddy that had paved the way for Jaraj's downfall. The narrative then shifts to the glitzy scene of Karishma’s birthday bash, where Aasmaan and Parvaiz make a dramatic entrance.
Salman Khan, the renowned actor, makes a special appearance, greeting Karishma with warm wishes, while Aasmaan presents her with a dazzling necklace as a birthday gift. Amidst the celebrations, Sameer seizes the moment, raising a toast to Karishma and, in front of the entire gathering, proposes marriage. Caught in the spotlight, Karishma reluctantly accepts Sameer’s proposal.
Aasmaan, his heart shattered into pieces, flees the party in despair. Yet, upon returning home, Sanya brings him a glimmer of hope, revealing that he has been nominated for Best Actor at the prestigious Filmfirst Awards. The group erupts in joy, heading to a bar to celebrate with a few rounds of drinks. There, Avtaar extends an invitation to Jaraj, urging him to join their merry band.
Meanwhile, Karishma confronts her father, accusing him of interfering in her personal life and orchestrating Sameer’s proposal. Back at the bar, chaos erupts as Aasmaan finds himself in a brawl with some rowdy men. The fight quickly escalates into a violent melee, but just as things seem to be spiraling out of control, Gafoor’s gangsters swoop in, rescuing Aasmaan, Parvaiz, Sanya, and Avtaar from harm's way.
Aasmaan soon discovers that Parvaiz had enlisted the gangsters' help, bargaining for their services in exchange for signing a contract. The gangsters, in turn, demand that Aasmaan meet with Gafoor as part of their deal with Parvaiz. Refusing to comply that night, Aasmaan leaves the bar, determined to speak with Karishma.
On the phone, Karishma pours her heart out to Aasmaan, confessing her true feelings. But fate plays a cruel trick, and Aasmaan is unable to hear her heartfelt words. In a cruel twist of events, Gafoor’s gangsters seize the opportunity, kidnapping Aasmaan and whisking him away to meet their enigmatic boss, leaving the episode hanging on a cliffhanger of suspense and intrigue.
