The usually smart Mike is conned by a phony song publisher. Micky, Davy, and Peter plot to get Mike's money back. Featuring the first appearance of the Monkeemen.

All of the Monkees-except Davy--get conned into lifetime contracts with a shady dance studio. Davy gets a job as an instructor there while they plot how to bring down the studio and free themselves from lessons they can't afford.