As their small Midwestern town prepares for its annual Christmas Eve parade, Sheriff and his deputy discover that a maniac in a Santa suit is murdering those he judges as naughty.

Ray, an ex-cop, is starting a new life looking to stay out of trouble. One evening, on Ray's watch, the nightclub he works for is robbed and the owner's son is shot dead. As his criminal past is exposed Ray hunts for the person responsible for this crime in an effort to clear his own name. Ray must get to the bottom of this as both the mob and cops start to close in on him as their target suspect.