Jim is forced to babysit Chicago ex-cop, now celebrity, "Frank Falcone," who has a television show and toy line. Falcone isn't easy to babysit, and things get dicey when some old Chicago "friends" of Falcone show up to complicate things.
After being strong-armed by an Arab sheik and his goons, and getting no help from the police, Jim decides to track down the two people who caused his trouble: a soft-voiced gigolo and the sheik's naive daughter.
A swanky party, attended by high society and Police Dept. VIPs, is robbed while Lt. Doug Chapman is in charge of security. Desperate to get back into good graces with his superiors, Chapman swallows his pride and asks Rockford to help him.