Cattlemen's Protective Association detective Tom Wade poses as a lone-wolf bandit in order to infiltrate a gang of rustlers headed by the nefarious Jake Rollins. The price of admission to this band of cattle rustlers: ten percent of the loot Tom recently snagged in a daring stage robbery. He readily agrees, but the necessity of rescuing fellow undercover operative Sally Lane throws a monkey wrench in his plan for rounding up the crooks.
