Recap: The episode opens with footage of a horse race and the commentator squealing about a horse named Roman Holiday who just pulled into the lead. That evening, veterinarian Dr. Clemson and his curly-haired assistant [who isn't actually given a name] enter his lab to look for something important that has gone missing. Curly Hair confirms that, yep, it's definitely gone, then chides Dr. Clemson for running his mouth off about whatever it is. Dr. Clemson stares contemplatively into space and says the thief has to be the young kid who's been hanging around the lab lately, and Curly Hair advises Dr. Clemson to call [this week's crime kingpin] McMurty to tell him the deal's off - just as McMurty enters the lab and demands to know where his vial is. Dr. Clemson informs him it was stolen - but that he knows who stole it and plans to get it back pronto. McMurty warns Dr. Clemson not to con him and says he wants the thief caught and the vial found. Or else.
Nick and Cody get irked when they realize that the Riptide is without electricity. They head below deck to ask Murray if he has any idea whassup with the power outage and find him tinkering with Roboz, and soon learn that he's diverted all the boat's electricity to recharge his orange bot. They remind him that they're expecting a client visit in a few minutes and therefore want him to clean up his mess and turn the power back on.
A couple arrives at the Riptide Detective Agency with a suitcase in tow, and Dr. Clemson's two thugs are watching from a distance through binoculars. The couple introduces themselves as Mr. and Mrs. Collins and tells the Riptide trio that they haven't seen their son William in five months and want him located. They explain that William had a dream of breaking into show business - despite his complete lack of talent - and was living in a nearby boardinghouse, but left all of his things behind months ago and hasn't been seen since. Mr. Collins adds that William earned a scholarship to attend Stanford and laments throwing away his future to become a low quality entertainer. Nick thanks them for the intel and assures the couple that they have enough information to begin a preliminary search. Dooley, meanwhile, spots Clemson's two thugs approaching the Riptide and is all, "Shit!" as the thugs pull out their guns and snarl, "Where's the kid?" and everyone above deck assumes they're talking about William and are like, "Uh, we have no idea." The thugs demand they hand over the suitcase - just as Dooley pops up from out of nowhere and throws an ice chest atop their heads. As bullets fly in all directions (without hitting anyone), the thugs grab the suitcase and make a run for it...and Nick and Cody chase them on foot until the bad guys are able to get away by car. They return to the Riptide and ask the Collinses what a couple of gun-toting thugs would want with William's suitcase, and they're like, "Uh, we have no idea", but assume that all can't be well with William if two dangerous looking men are after him...and Cody chews on that for a few seconds before asking Dooley to escort the Collinses safely to their hotel.
The trio's first stop is the National Actors' Guild, but no one there knows of William's whereabouts and can only confirm that he booked a role in a commercial about a year ago. Nick suggests heading over to the boardinghouse to sift through the belongings that William left behind, and the three pile awkwardly into Nick's tiny Corvette and speed off.
Over at the race track, McMurty rifles through William's suitcase, finds nothing of value, and snappishly asks the thugs, "Is this a joke?" They sheepishly explain that they didn't have time to go through the suitcase prior to presenting it to him and, stupider yet, don't even know for sure who it belongs to. LOL. An enraged McMurty warns them, Curly Hair, and Dr. Clemson that if he doesn't get the vial back, everyone dies. Including the registered owners of the Riptide: Cody Allen and Nick Ryder. Eeeeeeeek!!
Dooley tells the trio he got the Collinses to their hotel safely via the Jimmy, and they're like, "Fine, thanks" and pile into the more spacious Jimmy. Murray tells Cody and Nick that he installed a photo tracking device in the grill of the truck so that they can photograph the license plates of cars whenever they're chasing bad guys...and Cody says it's a great idea, given that the Riptide producers haven't yet aired an episode that doesn't include a superfluous car chase sequence. Nick says he too loooooves having a camera at the ready, but remarks on how close the red click photo button is located to the radio dial.
Dr. Clemson and Curly Hair spot the Riptide trio driving off in the Jimmy and follow them to the boardinghouse. The trio question William's roommate, who says he has no idea where William is, but suggests they look into some of the phone numbers written on the wall near the phone that he likely wrote down. A few seconds later, Dr. Clemson and Curly Hair burst through the door, open fire (!), and demand the vial. The confused roommate asks what in blazes they're talking about - just as Cody throws a large suitcase at the gunmen before he and Nick leap over and attempt to subdue them with their fists. Dr. Clemson and Curly Hair manage to race outside and leap into their vehicle and drive off, and Nick and Cody rush over to the Jimmy and hit the gas after them, press on the click photo button in an effort to photograph the license plate, but then have to come to a screeching halt to avoid hitting a group of would-be-casualty cyclists.
Back at the boarding house, Murray is calling various numbers written on the wall and hits pay dirt when he learns that William is currently employed at a sandwich shop. He places an order for a "hamburger platter" delivery from William...and when Nick and Cody return, he tells them they need to head back to the Riptide to wait for William to arrive with their lunch order.
Nick and Cody are dismayed that most of the photos that were developed from the camera installed in the Jimmy are useless - until Murray discovers one of the bad guys' truck that Dooley must have inadvertently snapped when he dropped the Collinses off at their hotel. They head back to the Riptide, where Dooley is watching William Collins perform while decked out as a giant hamburger [apparently he is the hamburger platter] ... and when he confirms that he is, in fact, William Collins, Dooley tells him that his PI friends just spoke to his concerned parents regarding his whereabouts. William panics and says his parents are going to force him to go back to Standford, then races down the pier in his bulky hamburger costume. Dr. Clemson and Curly Hair, who are watching this buffoonery unfold via binoculars, capture William and force him into the back of their truck.
Nick and Cody ask Dooley if he recognizes the bad guys' truck that was captured by their secret Jimmy camera, and he sheepishly says he must have inadvertently pressed the click photo button while he was at the racetrack, where he's been working as a handyman. When Nick and Cody ask him if he did something to make some bad guys mad at him, he admits that, yep, he stole something...and that that something was a vial of horse sperm. When Nick and Cody just stare back at him blankly, he explains that Dr. Clemson was planning to make money off of the sperm, which got him miffed 'cause he didn't want to see the owner of Roman Holiday being ripped off. He says he's been storing the frozen sperm inside the Riptide's freezer...and after Nick and Cody are all, "Ew! Gross!", they decide that the best course of action would be to return the sperm vial to Dr. Clemson and hope to never have to speak of having horse sperm being stored in their freezer ever again.
Cody calls the lab and tells Dr. Clemson he's ready to hand over the sperm vial in exchange for their hostage, William Collins. Dr. Clemson says he's agreeable to that and instructs him to send Dooley to an old abandoned warehouse with the sperm vial. A few seconds later, the Collinses drop by the Riptide to inform the trio that they can no longer stand the stress of waiting around to learn about William's fate and want to head home to Oregon. Cody says that's a wonderful idea, assures them they're making good progress in cracking the missing person case, and wishes them Godspeed. Once they're out of hearing range, Murray informs Nick, Cody, and Dooley that the horse sperm is no longer viable 'cause the sample melted when the power went out earlier.
McMurty and his two thugs arrive at the old abandoned warehouse, where a hapless and clueless William Collins is tied up...and Dr. Clemson explains to McMurty that William is their insurance in getting the sperm vial back.
Murray is doing his best to re-freeze the horse sperm, while Dooley assures Nick and Cody that he's A-OK with the risk of making the exchange in person. Murray offers to wire him up with a hidden mic, and Nick and Cody says they definitely like that idea.
While en route to the warehouse, Dooley says he can totally sympathize with William having a dream he can never be talented enough to live out, him being such an inept dolt himself. When they arrive at the warehouse, Dooley takes the cooler and brings it inside, while Nick and Cody arm themselves and follow. McMurty opens the cooler and quickly realizes there's nothing in the vial [I guess the re-freezing didn't take] - just as Cody and Nick crash the Jimmy into the warehouse and manage to quickly restrain all of the bad guys in record time.
William tells the trio (plus Dooley) he's come to the realization that he's too smart to keep living his life as a mediocre entertainer and decides to return to Stanford after all. After he bids them all adieu, the trio tells Dooley his debt is squared with them and offers to start cutting him in with the client profits - just as two armed men come looking for Dooley and needlessly fire their guns in the air...and Dooley's all, "Ack!" and escapes by diving into the water.