Fone Bone confronts a host of dangers: Along with Gran'ma Ben and Thorn, he has a terrifying encounter with Kingdok, ruler of the Rat Creatures. The Hooded One is inciting their army to full-scale war. Someone is continuing to haunt Thorn in her dreams. And then Gran'ma Ben disappears.

To make matters worse, Phoney Bone has hoodwinked the townspeople into believing that he is a mighty dragonslayer. When he actually does catch the Red Dragon -- much to his surprise -- he must face up to his promise to slay the dragon at sunrise.