The co-owner of a dog track discovers that his partner has sold out to a gangster. The gangster plans to take sole control of the track and plans to get rid of his new partner. The partner's problems are just beginning, though, as he finds himself involved with a beautiful woman who, unknown to him, was involved in a hit-and-run and is trying to set him up for the crime.
Businesswoman Merle Oberon runs over an old man and speeds off. She has second thoughts and stops at a phone booth. After she gets the police, Lex Barker, on the run from gangsters who are about to kill his partner, spots it, hops in and zooms off. Miss Oberon reports the car stolen. Buddy/police Lieutenant Charles Drake thinks there's something wrong with the set-up.
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