Hancock discovers that his extremely rich grandfather is very ill in hospital in Australia. Sid, expecting a large bequest, hurries to Australia masquerading as Hancock... but the old man has no money left. Meanwhile, back in the UK, Sid's grandfather falls dangerously ill in prison...

Hancock has been in a production of 'The Desert Song' but when it closes prematurely Hancock and Sid escape with only their costumes. Dressed as an Indian Maharajah, Hancock is mistaken for a genuine visiting Maharajah and ends up addressing a meeting but has to flee again.