During Japan's feudal era, two greedy peasants, Tahei and Matashichi, escape a war and stumble upon gold in a hidden fortress. As they plan to smuggle it for their gain, they encounter a mysterious man who recruits them for an even larger endeavor. The man, revealed later as General Rokurota Makabe, enlists the peasants' help in escorting his charge, Princess Yuki, through enemy territory to regain her throne. Unaware of her true identity but enticed by the promise of gold, Tahei and Matashichi agree to the perilous journey.

The group faces numerous challenges as they traverse treacherous landscapes, outsmart soldiers, and navigate their shifting allegiances. The peasants' greed frequently puts them at odds with the mission, but their blunders also lead to moments of unexpected fortune. All the while, the strong and cunning General Makabe and determined Princess Yuki strive to achieve their goal without exposing themselves to their foes. Despite countless dangers and deceit, they press on, driven by honor and survival instincts.