In the bustling streets of New York City, a skilled pickpocket named Skip McCoy lifts a wallet from a young woman named Candy on the subway. Unbeknownst to him, the wallet contains microfilm with top-secret government information intended for a Communist espionage ring. As authorities and spies alike race to retrieve the microfilm, Skip realizes the dangerous implications of his theft and must navigate a perilous path involving double-crosses and hidden agendas.

Candy, initially unaware of the true value of the stolen item, gets entangled with Skip as they both find themselves targeted by law enforcement and enemy agents. The tension escalates as they are coerced into a high-stakes game of cat and mouse. Amidst the chaos, Skip and Candy form an uneasy alliance, each driven by their own motives but gradually developing a mutual understanding. The plot thickens with deceptions, narrow escapes, and moral dilemmas that test their resilience and loyalty. Bonds of trust are forged in the shadowy underworld as they strive to make decisions that could alter their destinies forever.