A murder is pinned on two cowboys who strike it rich, until the Lone Ranger traps the real killer.

The Lone Ranger and Tonto aid a short rancher who is so embarrassed by his lack of height he resorts to specially made platform shoes to add inches to his stature.

The Lone Ranger becomes concerned when he hears a recently released prisoner, John Ames is returning to his home town threatening to take revenge on those who wrongly accused him of robbing a stage. At the town news breaks that Ames' intended victims are dead. The Lone Ranger becomes embroiled in the mystery when he's accused of aiding Ames in the murders.