Harry Valentini and Moe Dickstein are both errand boys for the Mob. When they lose $250,000, they are set up to kill each other. But they run off to Atlantic City and comedy follows.

Together, a weary cop and an all business FBI agent, team up to catch the latest homicidal manic: The Rain Killer. Just when they think that all the clues have been washed away, they find the one last clue; the one that's been in plain sight.

An unlucky woman’s mother is murdered by a scarf-wielding killer named Silk, leaving the woman injured, traumatised and suffering from amnesia. She’s committed to a mental institution, where Silk follows her, looking for the papers he was trying to get from her mother. And Silk’s only the beginning of her problems, since the asylum is run by a mad doctor, performing experiments in chemical lobotomies!