Heat oil in a pan and add peanuts to it, saute for a few seconds and then add dry red chilies.
When the peanut starts changing color, add urad dal, chana dal, and mustard seeds.
Once the lentils start changing color, add curry leaves, asafoetida, turmeric powder, and salt. Mix well and saute for a few seconds. You can also add 1-2 tablespoons of water to avoid burning of turmeric.
Next, add in the boiled rice and lemon juice. Mix well and stir fry for 1-2 minutes. Switch off the gas.
Serve with sambhar/ rasam or any dal/ curry of your choice.