When millionaire businessman Jimmy Toland is charged with extortion, he decides the best way to eliminate his problem is to employ the services of a ruthless hitman. But when the killer finishes the job and doesn't get his payment, he decides to teach Jimmy a lesson... a lesson with roots that lie in the world of Grimm Fairy Tales! Also, a small town is terrorized by monstrous rats that swarm its streets. When the residents find they cannot control the problem they call on the mysterious Pied Piper who claims he can get ride of the vermin for a steep price. But when the piper delivers and the town doesn't pay him, it sparks the most terrifying revenge the residents could have imagined!