The invention discloses substitute tea capable of removing heat and toxic materials which contains the following raw materials: dehydrated guava leaves, dried guava fruits, dried bitter gourd, tea leaves, liquorice, dehydrated stigma of corn, dehydrated roselle, pericarpium citri reticulatae, dehydrated stevia rebaudian, dehydrated semen cassia, chrysanthemum, dehydrated gynostemma pentaphylla, dehydrated lotus leaf, pink rose, broadleaf holly leaf and the like, wherein the raw materials are dehydrated and dried till the water content is controlled to be 5%-8%. In addition, the invention further discloses a preparation method of the substitute tea. The preparation method comprises the following steps: selecting fresh tea material, cleaning the fresh tea material, finishing, blanching, cooling, carrying out vacuum dewatering under variable pressures, drying with combination of solar energy and dehumidification, grinding raw materials, mixing and stirring, packing with small filter-bags. The technical solution provided by the invention overcomes the defects in the traditional series substitute tea processing methods, energy consumption and production cost are reduced, influences of weather are avoided, the drying is fast, the product quality is good, and the product meets the national standard related to food hygiene.