A demonic leprechaun terrorizes a group of young people whom he believes stole his gold.

Gabriel Caine has just been released from prison when he sets up a bet with a business man. The business man owns most of a boxing-mad town called Diggstown. The bet is that Gabe can find a boxer that will knock out 10 Diggstown men, in a boxing ring, within 24 hours. "Honey" Roy Palmer is that man - although at 48, many say he is too old.