Tony Blake has taken up residency at The Castle, an exclusive club for magicians, when his old girlfriend Janet Keegan comes to visit--not to get back together with him, but because she is being pursued by two men and doesn't know why. Her father, Charles, who used to be involved in bootlegging and other shady activities, may be involved. Despite Tony's efforts to protect her, the men catch Janet and hold her hostage to keep her father from interfering with a planned robbery, and Tony must rescue her from the prison in which they are holding her.

Tony Blake fails to rescue Janet from the jail in which the kidnappers are holding her. Soon he finds himself caught between the kidnappers, who have put out a contract on Janet, and her own father, who thinks Tony's efforts to rescue her are actually interfering with her safe return. Tony eventually steals into the currency printing plant that the kidnappers have taken over and tries to devise a way to rescue Janet.