Joe (Joseph Bologna) and Tom (Cliff Gorman) are two friends who work for the New York Police Department, Joe as a beat cop and Tom as a detective. Both of them put their lives on the line every day for low wages in a city that seems to get crazier and more dangerous by the minute. One evening, Joe is on patrol when he stops into a liquor store, draws his gun and demands that the clerk hand over all the cash in the register. Joe walks out with more money than he usually makes in a week, and when he tells Tom what he’s done, they agree that as policemen they can go anywhere and do anything, making it a cinch for them to become thieves. After striking a deal with a tough but vain gangster (John P. Ryan), Joe and Tom plan a robbery of a Wall Street securities firm that will net them a million dollars each, enough to get out of the suburbs and live as they please with their families for the rest of their lives. But the big heist takes a turn for the worse when some other criminals happen to hit the same building at the same time the cops are pulling off their robbery.
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