Attending a matinee performance at a Gotham City theatre, The Penguin foils a thief’s attempts to steal a ruby from the beautiful actress Sophia Starr. Then, at the Millionaire's Club, he stops two crooks from kidnapping millionaire Reggie Rich from a steam room. When Batman and Robin arrive, the Felonious Fowl announces his Penguin Protection Agency, which will protect the wealth of Gotham City's society crowd. The Dynamic Duo are immediately suspicious, believing this to be a plot to steal Sophia Starr's jewels, which Penguin has been hired to protect; they send Alfred, in the guise of an insurance company agent, to photograph the jewellery and switch Penguin's cigarette holder for one with a hidden microphone; however, a bug detector located in the handle of the Penguin's umbrella spoils Alfred’s ruse, and he only just manages to escape with the photos. After using the pictures to create fake jewels, the Caped Crusader and the Boy Wonder break into Sophia’s apartment in order to swap them with the real jewels, but they are caught red-handed by the Penguin and his Agents and charged with burglary....!
As Batman and Robin infiltrate the pier's carnival, they are knocked out by Penguin's henchmen and tied behind the shooting gallery. Penguin replaces the pop bullets with live bullets and invites Commissioner Gordon and Chief O'Hara to shoot. Could they wind up killing the Caped Crusader and the Boy Wonder?
- BATMAN & ROBIN... A SWINGING PAIR OF DEAD DUCKS!
- WHAT ON EARTH CAN SAVE THEM??
- DON'T SHOOT, COMMISSIONER! DON'T SHOOT!!!
- Penguin: All set, my hardies?
- Comissoner Gordon: We're set.
- Penguin: Now on my instructions. Ready. Aim...
- GOOD GRIEF! GOOD NIGHT! DOUBLE FUNERAL TOMORROW? SAME BAT-TIME, SAME BAT-CHANNEL! CAN YOU SEE ANY WAY OUT??
- Batman / Bruce Wayne
- Robin / Dick Grayson
- Commissioner Gordon
- Chief O'Hara
- Mrs. Cooper
- The Penguin
- Sophia Starr