Jerry is a tutor at an orphanage. On the first day of vacation, the boys go to the beach with Professor Teobaldo and find a skeleton and a treasure map. Word spreads and a rush for gold begins. On the one hand, Jerry and Neyde, television colleagues; on the other, the director of the station, Indalécio, and his lover Aphrodite; finally, the evil Rock Trombada, in the company of scientist Bertini and Daniel. On Treasure Island, the three camps promote mutual sabotage. After many confusions, Trombada flees with the treasure to the ship's cemetery but they are surrounded by the boys and Indalécio. It's the final war. But it is Jerry who will take the wealth in order to improve the situation at the orphanage.