The discovery of ninety-two bronze icons, majority of which are Buddhism from Achutarajpur of Banpur in 1963 was rather unusual. Never before so many metal objects connected to Buddhism were found from any part of the state despite Odisha being an important center of Buddhism. It is rather strange that no scholar ever tried to study the evolution of Buddhism images in the religion which started opposing idolatry. Though none of the bronzes bear any name on its body, yet it can be suggested that all these belonged to 7th-8th century AD when Odisha was an important centre of Buddhism. With dissention creeping into the religion after Buddhism's Nirvana, Buddhism virtually was decided on the issues of ethics and metaphysical ritualistic doctrines. Both Hinayana and Mahayana agree Buddha as Sakyamuni, being born to Mayadevi. While, Hinayana regards him as Progenitor of law and call him a man with extraordinary intellect, Mahayana portrayed him as a Divine being. Thus the misogynistic religion turned into more flexible to accommodate female divinities into the pantheon. This proximity to female divinities gave birth to another sect, Vajrayana-Tantrayana. The Banpur hoard contains images of Heruka, Vajrahunkara, Kurukulla thus making it clear that it was a centre of Vajrayana. These images make an interesting study in the context of evolution of Buddhist deities.