In Victorian London, a series of macabre murders sends shockwaves through the city, all of them connected by a bizarre pattern of gruesome beheadings. Investigating the case are Dr. Manetta and Inspector Frey, who uncover that the victims were all connected to a mysterious wax museum. The eerie museum, run by eccentric sculptor Dr. Manetta, houses a chilling array of lifelike wax figures, each seeming to harbor sinister secrets of their own. As they delve deeper into the mystery, they discover that Dr. Manetta's waxworks are disturbingly realistic, leading them to suspect a dark link between the sculptures and the killings.

Their investigation points to a shadowy figure behind the scenes, triggering a frantic race against time to prevent more deaths. Secrets unfold and hidden motives come to light as the killer's identity remains shrouded in mystery. As tensions rise and the danger becomes more imminent, doubts and suspicions grow among the characters, leading to a climactic confrontation. The narrative builds to a gripping crescendo, drawing viewers into an atmospheric tale of murder, intrigue, and dark obsession around the enigmatic wax museum and its haunting exhibits.