Black Pete is wanted for terrorizing and robbing towns in the Old West. Chip and Dale find Pete has been stashing stolen money in their tree and take the opportunity to capture him for the $10,000 reward. They fail to get Pete twice and he finds them and shoots at them. Chip and Dale put up a comical tricky fight with Pete and get him captured by the cavalry. Chip and Dale ride off to town known as the Lone Chipmunks.
The animation of Pete robbing the bank and shooting up the town is reused from Two Gun Goofy.