A swordplay film depicting acts of chivalry from the debonair swordsman known as Third Master, based on the novel by prolific writer of Wuxia Ku Lung.

Hsiao Chiu-shu returns to his home village after a nine year long hiatus. He quickly gets accused of a gold theft in the emperor's palace by a high ranking soldier, and a well payed assassin is also after Hsiao's head.