Nicholas Revel (Peter Lawford) is a polished jewel thief who steals valuable but hard-to-fence stones and then turns them in for the insurance reward. With help from his cabbie accomplice, he is able to position himself at the high society engagement party of beautiful Jane Frensham (Dawn Addams), daughter of a retiring Scotland Yard superintendent. There he is able to steal the fabulous Calgurie Emerald from a society dowager, but it's his bad luck that the mysterious serial killer, The Terror, murders his eleventh policeman on the grounds at the same time as the theft. When the authorities incorrectly theorize that the jewel thief and the maniac are one and the same, Revel makes the decision to insinuate himself into the police hunt for the murderer in order to divert the Yard from the emerald. In the process, he becomes involved with the attractive Miss Fensham, engaged to another man.
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