We discuss an unique possibility of generating adiabatic density perturbations and leptogenesis from the spatial fluctuations of the inflaton decay rate. The key assumption is that the initial isocurvature perturbations are created in the right handed sneutrino sector during inflation which is then converted into adiabatic perturbations when the inflaton decays. We discuss distinct imprints on the cosmic micro wave background radiation, which can distinguish non-thermal versus thermal leptogenesis.