

A man involved in a car crash is found to have fifty thousand pounds worth of diamonds in his stomach. Steed investigates the man's joke shop, Big Laugh, and then the offices of multi-millionaire Litoff. The burial of one of Litoff's Great Danes is not quite what it seems.
A man is murdered whilst being interviewed on live television. one-Ten is sure that it is the work of the ruthless assassin Mr Teddy Bear, and he asks Cathy Gale to trap the man - by arranging for him to murder Steed.