This magnificent monolithic Lakshmi Narasimha, the fourth incarnation of lord Vishnu stands at a height of 6.7 mts. It is one of the finest examples of Vijayanagara sculpture. Narasimha is seated on the giant coils of adishesha, the sacred guardian snake of Vishnu. Its seven hoods acting as a canopy arched by a kirtimukha torana in front. The roof of the chamber enshrining the statue is missing which has led to much weathering and damage to this monolithic sculpture.
The four arms of the statue with its various attributes have been broken and the seated figure of his consort Lakshmi on his left lap is missing. The face too has been damaged which misled people into believing that it was the Ugranarasimha or angered Narasimha. The presence of the right hand of the gods embracing the lord at the back is proof of it being that of Lakshmi Narasimha. The statue was consecrated by priest Krishnabhatta at the behest of Krishnadevaraya in 1528 ad as per the lithic record nearby.