University of Cambridge student Prince Alexis (Reginald Denny (actor)) is accused of stealing the athletic funds. Friend and fellow student Watson recommends he seek the assistance of classmate Sherlock Holmes. Meanwhile, while honing his observational skills out in the countryside, Holmes falls and is knocked unconscious. A young woman passerby, Alice Faulkner (Carol Dempster), comes to his aid, much to his delight.