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As Lone Ranger and Tonto ride into town, they’re stopped by lawmen at a roadblock. They also learn about the robbery. It was just enough to pay off the mortgage on the ranch of old man Jones. Who is the Red? Leaving the sheriff to believe that he might be the Red, Lone Ranger rides away to do his own investigating. In the process though, Tonto is shot, and hurt badly.
In the Longworth homestead, young Jeb talks to the old couple to fill in more details of the story about the Red. We learn that Tonto has been picked up, and is to be held in jail, hoping to lure in the masked man. Will Lone Ranger try to rescue Tonto? Will the lawmen realize that he isn’t the Red?
The lawmen aren’t particularly bright, well meaning, but not bright. As more exploits of the Red are shared, the outcome being to do a justice to old homesteaders, or to bring notorious outlaws to justice, it makes you wonder if he’s a good guy, or a bad guy. Dave Tuttle seems to be the man at the center who holds the answers to the mystery.
It seems to only be a string of circumstances that makes the Red look guilty of the crimes he’s blamed for. Will he be part of a trap to blow up the Lone Ranger with dynamite? If the Lone Ranger is trapped, is there any hope for Tonto? Will the good character of the Red expose the real man behind the rash of crimes?
Note: There doesn’t seem to be a part 2 to this episode. The next one in radio logs is: Lone Ranger 38-04-06 (0810)-Tonto Accused, which seems to be a duplicate of this episode.