In the second of the four Cinecolor "Red Ryder" films PRODUCED by Equity Pictures and released and DISTRIBUTED by Eagle Lion Films (USA), Red Ryder finds two silver conchas, the trademark of bandit El Conejo, at a raided ranch. He reports the raid to Marshal Bill Faugh but tells him that he suspects that El Conejo, a Robin hood type character, is being framed. El Conejo shows up at the saloon and accuses Ace Hanlon, the owner, of framing him. Red prevents El Conejo from killing Hanlon, and says he will deliver him to the Marshal. On the way, El Conejo's men captures Red and is about to be executed, but the bandit, ever the sport, gives Red a chance to defend himself. Red beats El Conejo to the draw, without shooting him, and then, since he is innocent, convinces him he will be better off in jail.