Terry milligan peter reynolds is a greedy small time criminal specialising in petty theft. After his latest robbery, terry is trying to sell some jewellery to local 'fence' bernie shelton sydney tafler. Shelton and his partner linders arthur mullard are planning a bank robbery and need a getaway driver. Milligan talks himself into the heist for a small cut of the loot. The robbery goes to plan but a bank employee is injured during the robbery and later dies in hospital. The gang divide the cash and split up with instructions to lie low for a while. Milligan however sees it as an opportunity to impress local tart della byrne sandra dorne and splashes the cash. With the police closing in on the gang milligan begins to panic and demands a larger share of the cash with dangerous consequences!