Lady jewel thief the Black Lizard is feared all over the country. In order to demand a ransom from her father the millionaire banker Iwase, she kidnaps his daughter. The banker hires a private detective, Akechi Kogoro, to free his daughter.

By adapting a story by famous japanese writer Edogawa Rampo (The Blind Beast), the brilliant multi-talented Kinji Fukasaku (Graveyard of Honor, Battle Royale) delivers his zaniest film. While paying tribute to pulp cinema ( from Fantomas to italian cine-fumetti like Diabolik) he gives the main part to transexual actor Akihiro Miwa, and a small one to writer Yukio Mishima who would adapt the story on stage the next year.