The panther drops a coin while walking on the street, and it falls down a sewer. He buys a strong magnet, attempting to use it to get the coin back. Unfortunately, the magnet rips off anything metallic he passes by, including the watch from a man at a bus stop and the whistle, badge and uniform buttons from a policeman, and the panther gets in trouble with the law. When the panther finally gets back to the sewer, another man pulls up the coin with his own magnet.