Amitabh Bachchan and Vinod Khanna acted in a number of movies (a total of 6 movies) together in the 1970's, with Hera Pheri being one of them (Amar Akbar Anthony was the most famous of these). Hera Pheri was directed by Prakash Mehra, and starred Amitabh Bachchan, Vinod Khanna, Saira Banu, Sulakshana Pandit, Shreeram Lagoo and Asrani. The movie had one nomination for the Filmfare Award, with Vinod Khanna being nominated for Best Supporting Actor (although he did not win). The movie had some popular music by the music director duo of Kalyanji-Anandji, and the movie script was written by Satish Bhatnagar and Vijay Kaul.
The movie was popular, although it can get complicated. Like many other movies of that period, it showcases the hero (or heroes) as criminals, but good-hearted criminals. They are not terrorists, they don't go around shooting people with guns or something, but they steal jewelery from rich people, or they steal from rich houses, and so on.
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The story of this movie is based on the relationship between 2 friends, Ajay (Vinod Khanna) and vijay (a person by the name of Vijay cannot be anybody other than Amitabh Bachchan). Vijay saves Ajay when Ajay is going to jump in front of a train, and ever since then, they became the best of friends. Ajay was sold by his father to get money for his mother's illness, and then his foster parents died, so Ajay was rendered homeless; Vijay on the other hand is troubled by the story of his parents. His father was killed, and it was on that night that his mother turned mad, and he is looking for how to cure her (maybe getting the murderer would help in doing that).
The twist in the story is that the person who killed Vijay's father is actually Ajay's long lost father (the one who sold him away and now seeks him desperately, as much as he seeks to kill Vijay's mother (she witnessed the murder of her husband and is a witness)). In order to get medication for his mom, Vijay plays a con man who, along with Ajay, cons people to earn money. When Ajay finally finds his father, he changes sides and goes to his father, leaving Vijay. What happens next ?