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Eddie Haines, the "Rambling Radio Reporter" for New York station KBC, consistently scoops the local newspaper reporters with his live, on-the-scene reporting and consequently engenders their jealous ire. One newspaper journalist in particular, Mary Bradley, Eddie's former girl friend, is infuriated by the radio competition and does what she can, including hiring thugs, to stop the broadcasts and steal Eddie's equipment. When she is tricked and then kidnapped by Potter, a crooked Justice Department administrator who has conspired with the notorious Martin gang to steal a gold shipment bound for Fort Knox, Eddie heads for Louisville to find her. After the highway heist, the gang takes the truck and Mary to an obscure cave in the Kentucky mountains. Using the transmitter that she stole from Eddie, Mary surreptitiously broadcasts her plight, and F.B.I. agents are able to approximate her location from her signals. As Eddie and the F.B.I. zero in, the gangsters discover Mary's transmitter, and to save herself, she locks herself in the armored truck. With seconds to spare, Eddie and the F.B.I. locate the cave and rescue Mary from the greedy, murderous hands of Potter.