There is no Raaz in this film. There is not story in this film either. And there are just two scenes that jolt you. Also, there are only two performers. One is Kangana Ranaut and the other, Adhayan Suman. The lad has improved after his HAAL-E-DIL disaster.
In the first few opening shots, we are treated to Kangana walking the ramp. You ask yourself, is this Fashion Part II. It could jolly well have been.
From the mundane, Mohit Suri movies, to the insane as he tries to plot a horror flick around the lives of Kangana and Adhayan. He also throws in Emran Hashmi, Vishesh Film's lucky mascot, for some added spice but it turns out to be the biggest disaster. He is greeted by laughter from the audience. From then on, the film moves downhill all the way, as Mohit tries to clutch at the straws to cling to whatever is left to make sense. But by then, the audience is already jittery; they know they have wasted their bucks.
You leave the theatre wondering what the mystery was all about!