A small temple dedicated to Thimmamma lies under the tree. An account of this lady in Telugu kept at the shrine reveals that she was the daughter of a Setti Balija couple Sennakka Venkatappa and Mangamma, born in AD 1394. She was married to a Bala Veerayya who died in 1434, and Thimmamma committed 'Sati'.

The banyan tree is believed to have sprouted at the place where she ascended the funeral pyre. The people of this area strongly believe that if a childless couple worship "Thimmamma" they will have a child the very next year. A big 'Jatara' is conducted here on the day of "Shivaratri" when thousands and thousands of people flock here to worship 'Thimmamma' on this occasion.