Brooklynite Nick and his childhood friend Manny grow up to become petty criminals. After Manny betrays him during a holdup, Nick goes to prison. Upon release, he visits his ex-girlfriend Maria in Los Angeles, where he learns the brutal, violent Manny has joined the police force and is divorced from Maria. Nick moves in with her and her 8-year-old daughter, Ally, and falls in with Maria's grandfatherly, ex-con landlord, Harry, who tries to groom Nick from his gruff ways. The two men come under police surveillance following a series of Beverly Hills bank robberies where the "gentleman bandit", as the press dubs him is a handsome, well-dressed man with a bandage on his nose.