A rumor spreads that Richard is dead, and John acts quickly to claim the throne. Robin has doubts about Richard's fate, and decides to travel with Marion to find the truth.
Friar Tuck and Robin decide to have a wager to see who can raise more money. Robin will dress and act as a beggar. Tuck will appeal to religion and Christian charity.
A young man, Harold, finds Robin and explains to him that a treasure is hidden in his father's castle. To further complicate matters, Harold's father has recently died after an encounter with a Viking ghost.
Robin stumbles onto a hoard of gold but learns that it was stolen by King John from his own mother. Robin and his men embark on a dangerous mission to return the money.
King John is dragging his feet on getting the ransom money for Richard's release. A number of Lords have gotten together to raise the money and have entrusted Robin with getting the money safely out of the country without John's knowledge.