Legend has it that the very place at which the Kirateshwar Mahadev Temple is situated today is the place where Lord Shiva appeared before Arjuna after great penance and devotions. It is believed that this temple is a symbolic representation of Lord Shiva's blessings to Arjuna. And the blessing which Arjuna received was to have immense success in the war which later on became an epic in the history that is, "the Mahabharatha".