There is a small temple of Shri Mahadevji facing north near the old and new Shri Bhairav Bhojanshala in the Jain Tirth Nakoda complex. The construction of this temple was done with the religious coordination from the side of the pilgrimage as well as by the Sadhvi of the pilgrimage Shri Sundarshreeji. It is said to have been built more than a hundred years before being renovated since 1960. At that time, there was forest spread all around the ancient dilapidated Jain temples located at the pilgrimage site. People were afraid of ghosts in this terrible forest. To get relief from this fear, the devotees established the religious place of Shri Mahadevji, which took the form of a temple with the increasing development. The temple of Shri Mahadev Ji built to get rid of the fear of ghosts is today known as Shri Bhuteshwar Mahadev Ji Temple.
Two Shri Shivalingas are installed in this temple of Shri Bhuteshwar Mahadevji. On the back side of which five white marble statues are installed. Among these five idols, there are idols of Shri Ganesh ji in the middle and on the sides, Shri Parvati ji and Shri Ganesh ji and Shri Parvati ji and Shri Kartikeya ji. Apart from these idols, the idols of Shri Jogmayaji and Shri Hanumanji are also present in the gokho (groves) built in the walls of the temple. A white colored idol of Shri Bhairavdevji is also present near the idol of Shri Jogamaya ji (Shri Jagadamba Mataji). Whom people worship with devotion as Shri Dholiya (White) Bhairavdevji. While many devotees worship it with devotion considering it to be the form of Shri Bhomiyaji, the entire maintenance and arrangement of this temple is being continuously done by the Shri Jain Shwetambar Nakoda Parshvanath Teerth Trust Mandal Mewanagar (Nakoda) since the beginning of the temple.

