This time, it's operation 'Osama Dead or Alive?' Set against Osama Bin Laden’s mysterious death followed by counter reports claiming he is alive, stirring the biggest controversy in the world. The US wants to prove to the world that they shot him dead while ‘Khalili ‘(Piyush Mishra) the terrorist arm dealer wants the world to believe he is alive. 'Tere Bin Laden - Dead or Alive' is a whacky comical satire that transpires in this desperate tug of war between US & the Terrorists. Stuck in this distressed crossfire is a budding Bollywood director ‘Sharma’ (Manish Paul) looking for a big break, gets hired by US agent David Chaddha (Sikander) on the pretext of making a Hollywood film on Osama using his doppelgänger ‘Paddi Singh’ (Pradhuman Singh). The hidden motive is to shoot a fake tape to prove his death.