Muddsy and Boo finally inform the whole gang why they ran away from the Redcoats. They tell them about a few incidents including hiding in a clock that later trapped them and then being kidnapped by men disguised as Redcoats, and forced to dig up the treasure the Brits buried. But now, it's under water.
The kids return to their high school for the big ball game (""You two are players, I'm the cheerleader, and Elmo's the mascot""). Two robbers steal a rich lady's necklace, and hide in the football, they disguise themselves as players to get the necklace back. Naturally, they're found out, and arrested.
When visiting a western town for it's Wild West Day, the kids are thrown in jail for not wearing cowboy outfits. They are released when Elmo wins a stagecoach race. But their problems all begun. The staged bank robbery becomes a real one, and the crooks drive off with the money, April, Skip and Boo. This conceives the Mayor that the teens are young bank robbers. Can they clear themselves?
When a gang learns that a farmer may lose his farm, they decide to enter the Looney Dooney in the race, and donate the prize money to him. They convert the vehicle into the Monstermobile. But that night, a criminal called the Raven steals it to keep them out of the race. They go to an abandoned saw mill to get it back. After Mudsy rescues them from a near-fatal ride to the grindstone, they recover the Monstermobile, enter the race, and win. They discover that Raven is Otis Carter, the bank president who wanted to foreclose on the farm.