 Ace Diamond (James Craven) and Bill Clinker (Rex Lease) frame Sunset Carson (Sunset Carson) for the murder of a young rancher, Jim Owens (Jay Kirby as Jay Kirby). Sunset and his sidekick, Banty McCade (Tom London) escape and ride to the Owen s ranch to aid Jim s sister Molly (Peggy Stewart) in her fight to hold the ranch from being taken over by town banker Jacob Lewis (Edmund Cobb), secretly in cahoots with Diamond; both men are aware that an assay report indicates there is gold on the Owens property.