Synopsis: When Nancy Carter stands to lose her ranch after her father spends all his money on bogus lottery tickets, Texas Ranger Gene Autry thinks he knows who is behind the scam: Tracy Wyatt -- though Autry can't prove that Wyatt is the one making the tickets. Wyatt, however, isn't taking any chances. He gets a gunslinger, Steve Diamond, to rub out Autry. The villains take Autry prisoner, but the Texas Rangers are ready to free him.