Take out the rice from fridge, add salt, turmeric powder, red chili powder and coriander powder. Note: if your cooked rice is salted already then skip salt.
Mix it well, so all the masalas are evenly distributed.
Also break the rice lumps if any.
Now heat the oil in a pan or kadai on medium heat.
Once hot add peanuts and saute it till it is light brown in color.
Then add mustard seeds and let them pop.
After that add cumin seeds and let them sizzle a bit.
Add rice-masala mixture.
Stir well, so oil is coated very well.
Let the rice get heated through for 3-4 minutes. Stir in between.
Then turn off the stove.
Squeeze few drops of lemon juice, mix and serve.