Iron Monkey is a Hong Kong variation of Robin Hood. Corrupt officials of a Chinese village are robbed by a masked bandit known as “Iron Monkey”, named after a benevolent deity. When all else fails, the Governor forces a traveling physician into finding the bandit. The arrival of an evil Shaolin monk, brings the physician and Iron Monkey together to battle the corrupt government.

The story of Wilson Bond, a pimp who after saving Chan, the leader of the Heaven and Earth society, a revolutionary group, is made a member. After a botched first assignment for the group, he is made a servant to the Prince, the very person the Heaven and Earth society want to overthrow. What follows is plenty of mayhem and laughter.