A Hollyrock film company comes to town to film 'Cleaver', and gullible Fred is enlisted as stand-in for star Billy Baldwin. When Fred sees the final cut he is annoyed at how he has been portrayed and he confronts Christopher.

Barney buys Betty an expensive ring, which he gives to Fred for safe-keeping but Wilma discovers it and assumes it's for her. Fred buys a second ring but doesn't have the cash, so he borrows from a loan shark in Philly.