In the early eighties, two small-time criminals go on a crime spree, stealing over one million dollars in cash and jewels from a New Orleans crime lord. Their last caper goes awry leaving the two dead, but not before they hide the last of their "treasure in a huge abandoned factory. A few years later the plant is demolished and a housing project is built on the site. Now, 20 years later, the "treasure in the hood is nothing more than an urban myth, that it, until Deion, a good-natured but under-achieving college student who lives in the neighborhood with his cantankerous Uncle Willie, believes he has discovered the key to the mystery. As the word gets out, the neighborhood goes berserk, sending everyone digging holes everywhere. Laughs abound as this wacky situation goes from outrageous to ludicrous.