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Counterfeiting is going on in Red Canyon, and deposits the fphony bills in the local bank. Whenever customers make a withdrawl, they are handed phony bills. The hotel owner, George Elhart is the ringleader, and convinces people who have been robbed on a stage that the bank is the best place to hide the bills. To break up this counterfeiting ring, Gene and Pat pretend to break up their friendship, and become enemies. George tries to get rid of Gene, but fails. Finally, he hired Pat to dispose of Gene. Faking a murder, Pat and Gene make plans to capture George. George has unwittingly exposed himself, and goes to hide him and his men in the hills, where Gene and Pat are ready to bring them in.