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Shiva, a profession burglar, and his 5 accomplices loot ₹150 crore (US$18 million) from a rich businessman. Sathya, Shiva's twin brother, works as a realtor and leads a quite life. Sathya meets Subha, an upright girl, at an estate deal. Subha blackmails Sathya to hand over ₹2 lakh (US$2,400) or she will complain to the police as the people, who had paid the money for the estate deal, are actually cheated by the land owner. However, Subha had made Sathya to make a statement of giving the money if she gets cheated in the estate deal. Days pass by, Sathya returns the money to Subha and the people and Subha and Sathya fall for each other.

Meanwhile, the businessman appoints ACP Kishore, a no-nonsense corrupt officer, to search for the robber. After a brief investigation, Kishore interrogates Sathya, but gets stopped by DCP Sarathkumar and reveals that Sathya lodged a complaint against his twin brother Shiva, who has been torturing him and is also behind several robberies. Kishore suspects foul play and believes that Sathya and Shiva are the same person, which is later revealed to be true. Sathya and his accomplices rob ₹120 crore (US$14 million) from another rich businessman by sneaking into the police station as drain cleaners and digging a tunnel to a factory, where the money is hidden.

The two businessmen become partners and sends their henchmen to interrogate Sathya, only for Sathya to defeat them. Subha learns of his real identity and break up with him. Kishore tries to expose Sathya by a written complaint from the land owner (who was the one who cheated Sathya, but Sathya had masquerade as Shiva and had blackmailed him to hand over the money), but to no avail. Sathya reveals his past and his desire for money to Subha, who understands his situation. Sathya tells that he decided to mend his ways for Subha, where she reunites with him. Later, the businessmen kidnaps Sathya's accomplices and their families and calls Sathya to hand over their money.

Sathya disguises himself as Shiva and calls the businessmen, where he saves the accomplices and their families by pretending to burn their money. At the hideout, Kishore finds Sathya, who makes a deal with Kishore to call the businessmen to arrange an attack on him and fake his death in exchange for ₹100 crore (US$12 million). As planned, Sathya fakes his death with Subha and Sarathkumar as the witness, where he later double-crosses Kishore in charges of killing Shiva and Kishore gets arrested. Sathya and Subha get married, but Sathya still continues his masquerade as Shiva to rob unaccounted stocks from corrupt businessmen, without Subha's knowledge.

D. Imman scored the soundtrack and score for the film.^[5] It is reported that actors Sudeepa and Nithya Menen lent their voices for a song written by V. Nagendra Prasad.^[6] The audio was officially released on 5 August 2016 and Anand Audio procured the music rights of the film. The project marked Imman's debut in Kannada cinema.

Kotigobba 2 was released on 12 August 2016. The distribution rights of the movie were sold for 16 crores, the highest for any Kannada movie at that time.^[7] The Tamil version was dubbed into Telugu as Kotikokkadu (transl. One in a crore) and in Hindi under the same title as the Tamil version.^[8] The Telugu version will be presented by Lagadapati Srinivas.^[9][10]

The satellite rights of the Kannada version were sold to Udaya TV, while the Tamil and Telugu version were sold to Colors Tamil and Zee Telugu.

Shyam Prasad S of Bangalore Mirror gave 3.5/5 stars and wrote "This film will satisfy those looking to get entertained and keep a tab on getting back their money's worth."^[11] Sunayana Suresh of The Times of India gave 3.5/5 stars and wrote "This film is a treat for people who like to be entertained in with the traditional commercial masala fare, for Kotigobba 2 has ample spaces where fans can hoot and whistle."^[12] Shashiprasad SM of Deccan Chronicle gave 3.5/5 stars and wrote "Kotigobba 2 is a guaranteed fun filled experience, and is a must for Kiccha fans."^[13]

Kotigobba 2 was reported to have a superb occupancy not only in main centres like Bangalore and Mysore, but also in centres like Udupi and Mangalore, where the market for Kannada films had been a concern. The film raked in close to ₹7 crore from Bangalore, Tumkur and Kolar and ₹15.5 crore from rest of Karnataka within 4 days of release. It went on to become the fastest ₹20 crore grosser in Kannada at that time beating the record of Masterpiece which had taken six days to reach the mark. The film grossed ₹45−50crore and became the highest-grossing Kannada film of 2016.^[14]

64th Filmfare Awards South:

• Best Actor In A Leading Role – Kannada – Nominated – Sudeepa^[15]

6th SIIMA:

• Best Film – Kannada – Won
• Best Comedian – Kannada – Nominated – Chikkanna

2nd IIFA Utsavam:

• Best Actor in a Comic Role - Won - Chikkanna

9th Bengaluru International Film Festival:

• Best Popular Film – Won^[16]

Edison Awards (India) 2017:

• Best Female Playback Singer - Won - Shreya Ghoshal for the song Pothavillaye

Mirchi Music Awards South 2017:

• Song of the Year - Won for the song Saaluthillave

Mirchi Music Awards South 2021:

• Song of the Decade – Won for the song Saaluthuillave

• Kotigobba 2 at IMDb