Major Dennis, Danny, and Rex search Africa for a rumored "golden crocodile". Danny is disappointed in skyscrapers and jeeps and wishes to see "darkest Africa". Setting out with Rex, they are attacked by a crocodile, trapped between it and a lion, and flop atop stampeding elephants before tumbling into a treasure trove with a crocodile statue of solid gold! Staggering into camp, Major Dennis admits maybe Africa is tamed and the golden crocodile a myth. And Rex and Danny collapse laughing!
While the Sheriff hunts Slippery Sam Silvers, Bobo's latest craze is taking pictures with his new camera. He snaps Silver's gang casing a jewelry store. They lure him to a hotel room with food - and pitch him off the balcony! Bobo swings to safety and accidentally fires a gun. The Sheriff comes running and nabs the gang - who learn Bobo never loaded film in the camera! "Film? Whazzat?"
The newspaper has hidden a thousand-dollar bill somewhere in the city for a stunt. Danny and Rex try their luck and dig up a suitcase full of cash! Danny runs for police while Rex guards, but soon the dog is gone and the money fake! What happened? Rex chased the crooks after they substituted stage money. He sped after a car, jumped a train, even climbed aboard a helicopter before the police force it down. Danny never found the newspaper's treasure - but they got a $1000 reward for catching the crooks!