Inspector Clouseau pursues a jewel thief, who, in turn, is romantically pursuing Clouseau's wife. As a young girl, Princess Dala is given the largest diamond in the world by her father. If you stare into it, you can see a 'Pink Panther.' Now she is a young woman. Rebels in her home country have seized power and are demanding the return of the jewel. Dala relaxes at an exclusive skiing resort. Noted British playboy, Sir Charles Lytton is in town....

The Klondike, 1900. A hard-drinking, hard-driving prospector must protect his claim to a gold-mine ... and a San Francisco beauty.