After losing a coveted role in an upcoming film to another actress, screen queen Mona Marshall (Lola Lane) protests by refusing to appear at her current movie’s premiere. Her agent discovers struggling actress Virginia Stanton (Rosemary Lane) — an exact match for Mona — and sends her to the premiere instead, with young musician Ronnie Bowers (Dick Powell). After various mishaps, including a case of mistaken identity, Ronnie and Virginia struggle to find success in Hollywood.

When news reporter Walter Garrett arrives at the hotel room of bombshell actress Angela Merrova to conduct an interview, he finds her dead from multiple stab wounds. He returns with the police to find the hotel empty and the body vanished. Garrett writes about the incident but is fired when Merrova, alive and well, goes to the paper to complain. Now his only chance to get his job back is to find the truth, which involves the grisly scheme of a madman.

McCord’s gang robs the stage carrying money to pay Indians for their land, and the notorious outlaw “The Oklahoma Kid” Jim Kincaid takes the money from McCord. McCord stakes a “sooner” claim on land which is to be used for a new town; in exchange for giving it up he gets control of gambling and saloons. When Kincaid’s father runs for mayor, McCord incites a mob to lynch the old man whom McCord has already framed for murder.