An operation of counterfeit five pound notes is discovered at a variety theater, leading to murder during the performance.
Gert and Daisy attempt to retrieve an old dress containing £2,000. They have to impersonate two thespians, and bring all sorts of trouble to a stage-play.
Jane is given a bracelet by an elderly admirer. He is in league with Cleaver, a suave crook, and the two plan to use Jane and the bracelet to smuggle diamonds into England.