The Pink Panther is invited by a drunk man to his home in the early morning. The drunk man's wife is tired of her husband bringing home friends, and making noise, so the Pink Panther and him must try to be as quite as possible. Things go awfully wrong, and they're both kicked out of the house.
The pink panther has his own diamond mine but a neighboring diamond mine steals his diamonds. The Pink Panther wishes for them back but the company denies to give them back. So the pink panther is going to try and get them back by sneaking in there but its going to be tricky when the only two bumbling workers are guarding the place.