Veta is an adventurous thriller, where Pratap (Chiranjeevi) an sincere ship-captain is being arrested by Jayram(Mohan Sharma) because he wants to marry Saroja(Jayapradha) who is in love with Pratap.So he creates a false case on Pratap and sends him into custody where Banerjee(Rangnath) sends him to Andaman Jail for lifetime.There Pratap meets Mahendra Verma (Jagayya) who explains Pratap how falsely he was sent to jail.Mahendra Verma also surrenders his whole property to Pratap so that he can take revenge on all the for people who had spoiled Pratap's as well as Mahendra Verma's life.Mahendra Verma also request him to take care of his daughter Jyotirmayi (Sumalatha).Did Pratap get out of the prison and did he take his revenge, forms the rest of the story.