The Caped Crusaders are sent to investigate the thefts of valuable copper wire from the Rocky Dam Light and Power Company, which is erecting a power cable into a new territory.; Batman's attempt to set a trap to catch the Penguin and the Joker backfires and the two criminals form a partnership to commit crimes and outwit the Caped Crusaders.; An evil, former Sheik in Bagdad (sic) learns that the true Sheik, once thought dead, is alive and well, living in exile in Gotham City as a cab driver, so he travels to Gotham to find this man and kill him. But when the real Sheik is injured and taken to a hospital, Batman takes over driving the man's cab in disguise and is taken prisoner by the evil Omar El Kobra, who believes Bruce Wayne to be the man they are after.; Alfred decides to go to the theatre one night to use his detective skills to expose the tricks of a stage magician, and ends up capturing a thief who stole the box office receipts while being hypnotized!