The temple is supposed to have been built by Dharanidhar Maharaj
Dev from the family-lineage of Shri Moraya Gosavi.
He must have built
this around 100 years before Senior Shrimant Madhavrao
built the outer wooden hall.
On the visit of Gana ( Son of King Abhijit ) to Saga Kapila he coveted
the Chintamani,which Kapila used to fulfill his wishes. Kapila
refused to part with the stone but Gana took it forcibly.