In this episode of 'Tales N Tunes', Sudha Ragunathan narrates a modern-day Diwali story set in a high school. The main characters are Lakshmi, Krishna, and Rama, who are friends. The story revolves around the prom night, where Lakshmi's earrings get stolen, Krishna fights the thief, and Rama retrieves the earrings. The prom night is themed around Diwali, and Lakshmi and Rama are crowned prom queen and king respectively. The episode ends with a joyous Diwali celebration.