As Rocky and Bullwinkle hurtle toward Earth and splash down in an elevator car, the chairman of the World Economic Council picks up the trail of the box-top bandits. Meanwhile, Boris and Natasha attempt to drive their truck full of counterfeit box tops across the state line, but their fiendish getaway scheme is foiled when they are stopped by an open drawbridge. At the same time, our heroes find themselves afloat, drifting toward the open sea.