Counterfeit money is being distributed by respectable citizens in Gotham City. Batman and Robin investigate, and find one of the Joker's lifelike robots substituting for a bank teller. They are certain who is behind the crime. But to get actual proof, Batman plans to visit the villain as Bruce Wayne and trick him into disclosing his operation. When his scheme suddenly backfires, it appears he will instead have to appoint the Joker as Vice Chairman of the Gotham National Bank.

The Joker is now Vice Chairman of the Gotham National Bank, due to an unsuccessful plan of Batman's. He installs his robots as tellers, and despite his criminal past, seems to be running things in perfect order. The Dynamic Duo realize they will have to trick him into making a mistake in order to remove him. They go to work on a plan to gain control of his robots. But that plan is jeopardized when, due to an odd turn of events, Batman's true identity Bruce Wayne is declared mentally ill and hauled off in a straight-jacket.