Sage Parasurama saw the figure of Lord Krishna as he saved the elephant (Ganjendra moksha)in his mind’s eye and made it into an idol in stone. As he was travelling with the idol, he met an old Brahmin. They both came to the area to the east of the present temple. Parasurama consecrated the idol on the base of the banyan tree on the canal banks there. He entrusted the poojas of the idol to the Brahmin and disappeared. Later a temple was built facing the east on the western side of the field. The place where the Brahmin lived named Swamiyar Parambu, the banyan more tree and the base built around it were there recently. At first, there were only Lord Vishnu, Vigneswara and the adjuvant of Siva in this temple. There is a legend about the consecration of Goddess Saraswathi in the sanctum. One Brahmin who wanted to win the award at the Murajapam at the Sree Padmanabha Swamy temple at Thiruvananthapuram worshipped Goddess Saraswathy in the Padmanabhapuram Palace. Later when the Brahmin was too old to travel, he carried the power of the Goddess with him in a conch. As he had decided to spend the rest of his life worshipping Periyattappan, he consecrated the goddess on the left side of the Lord. Later the temple came to be neglected and the priest shifted the Devi to the sanctum. The whole structure was destroyed in a fire. It was 600 years later that the temple was reconstructed and poojas resumed. The management of the temple was taken over by the Periyodan family of that area. But they were forced to hand over the temple to the Brahmins and leave the place. In 1974, the temple was taken over by a local committee.