Rico, a South American diver, seeking the lost treasure of the Paracas, finds a Paracan idol, with its eyes of sun and moon, and realizes he has found the key to a fortune. He tells Manco, the sweetheart of his daughter Pele, and the greedy Manco cuts the lifeline to Rico's diving gear and watches the old man sink to the ocean floor. The idol, with both eyes now missing, comes into the hands of TV star Roger Bristol, who, with his son Robin and secretary Anne Stevens, sets out to find the lost treasure.