This temple was believed to be built between 1250 to 1350 AD, a classic Vijayanagara Style. But it was told that this temple was built by Chozhas. The front and Dharbar hall were built by Vijayanagara.
As per the 1521AD inscription, a gift of income 477 gadayanas from Kodihalli near Terakanambi and its two villages Anniyur & Channayyanapura to this temple Lord Triyambakeshwara, at the instance of Vijayanagara King Krishnaraja maharaya by Saluva Govindaraja.
The 1492AD Inscription mentions about the rental amount of 12 hons per annum paid for the betel palms planted to Lord Triyambakeshwara. In another inscription it mentions about gift from the taxes levied to be remitted to the treasury. This has to be utilized for the supply of Camphor and betel leaves.
The 1535 AD inscription records sale of lands in Hullana alias Kamalapura agrahara for 250 Varahas. The amount was made to the treasury, by one Ayyapa son of Nanjinatha Joyisa. Renovation work was started in 2012 and completed in 2014 at a cost of Rs 214.50 Lakhs by the Karnataka State Archaeology Department.