Once upon a time Jack set out to find his fortune in the big city. But the big city is Toy City, formerly known as Toy Town, and it has grown considerably since the good old days. It isn't all that jolly any more, and there is a serial killer loose on the streets who is slaughtering old, rich nursery rhyme characters one by one. Meanwhile, Private Eye Bill Winkie has gone missing, leaving behind his sidekick Eddie Bear of the Toy City Police to take care of things. Eddie may be a battered teddy with an identity crisis, but someone's got to stop the killer. Eddie and Jack team up to take down the killer, and along the way participate in heavy doses of bad behavior, car chases, and plenty of gratuitous sex and violence.