(Original air date 12/01/82)
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Posing as a rich cowboy looking for some action, Colt is let inside the warehouse where he meets with Swifty who's on a winning streak. His presence makes some men nervous. When Colt insists Swifty follow him, Tanner challenges him to a five-hundred-dollar bet. To avoid an argument, Colt lays down his money and asks Swiftly to lose. As luck would have it, Swifty rolls a seven and Colt wins, taking what he ignores is marked money.
When Colt drags Swifty out, Tanner’s men who want him to fork over the money stop him. A fight ensues and Colt has no choice but to run out without his boy and notify the police.
Back at the police station, Finley explains to Colt that he's been after Tanner, a weapon supplier, for many months, watching his every move, waiting for the right moment to nail him in possession of the marked money Finley's undercover officer gave him in a fake transaction. Somehow the cunning man has always managed to elude him. Now with Colt as a bounty hunter who has the legal right to break into houses and come and go as he pleases, he plans to use the stuntman in his endeavour to catch Tanner once and for all before retirement in a month's time. Colt is reluctant but has no choice to go along when Finley says he can throw the book at him for having taken marked bills at the illegal casino.
Meanwhile on the other side of town, Tanner chides his doorman (Jack Kutcher) for allowing that cowboy inside the casino in the first place, despite the fact that he was loaded for money and that he came highly recommended. He knows nothing of Colt and suspects he's working with Finley who's been tailing him for months. He can't afford to make a mistake now. Tanner threatens the man to leave town immediately.
Howie plays the part of an gay interior designer, Bernardo Brooklyn. He enters Tanner's apartment pretending to have been hired by the building superintendent to repaint some of the tower rooms. He cleverly snatches pictures of the room along with Tanner and his girl.
Suspicious, Tanner calls security to send men up. Howie is caught. He runs onto the balcony and beckons Colt waiting down below in a truck with an inflated mattress to drive underneath. Howie makes the jump and hands over the film to Finley who gloats, waving the camera at an incensed Tanner on the balcony above.
Colt meets with Howie and asks him to return with Swifty to Los Angeles while he stays in New York to finish the job for Finley.
Outside the police station, Tanner's men take them into a hot pursuit during which Swifty is shot. Colt performs a tricky stunt to lose the car tailing him. The men attempt the same exploit but aren't so lucky and crash.
Finley sends Tanner the pictures Howie took of his apartment, telling him he has someone on the inside. Tanner urges his attorney O'Hara (Frank Aletter) to get the dirt on Colt.
Colt visits one of Tanner's men at the hospital to get information on where his boss keeps his files but the man refuses to tell. Colt nonchalantly pushes the bed near an open window and warns the man he'll go down if he doesn't change his mind. As Colt raises the bed head, the man panics and spills the beans. An abandoned warehouse on Pier 3
Finley's plan was to freeze all of Tanner's assets at the bank. He knows Tanner wouldn't try to withdraw his money unless he was on the run. Colt and Finley watch him exiting the bank, flustered. He got him in the open. Colt is relieved to hear Finley's plan worked and says goodbye but the Captain as something else in mind for the exasperated stuntman.
Colt handcuffs Tanner and the case is closed. Finley will go on his retirement and Colt is released from his duty.
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