Bhaskara Deva, a Thakuri form Nuwakot, succeeded Vijayakama Deva and established NuThakuri rule. He is said to have built Navabahal and Hemavarna Vihara. After Bhaskara Deva, four kings of this line ruled over the country. They were Bala Deva, Padma Deva, Nagarjuna Deva and Shankara Deva.
Shankara Deva (1067–1080 AD) was the most famous ruler of this dynasty. He established the image of 'Shantesvara Mahadeva' and 'Manohara Bhagavati'. The custom of pasting the pictures of Nagas and Vasuki on the doors of houses on the day of Nagapanchami was introduced by him. During his time, the Buddhists wreaked vengeance on the Hindu Brahmins for the harm they had received earlier from Shankaracharya. Shankara Deva tried to pacify the Brahmins harassed by the Buddhists.
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