Thieves steal a Picasso from the National Gallery of Victoria and want everyone to know about it. The bizarre ransom notes, however, perplex investigators.

The rumour mill goes into overdrive as the search for the Picasso continues, as people speculate about whether it was an inside job, a prank gone horribly wrong, or a piece of performance art.

The Picasso thieves, calling themselves Australian Cultural Terrorists, make a phone call, but authorities aren't sure whether to believe them.

A series of unintended consequences expose the true legacy of the theft of the Weeping Woman; the rumours begin to bite and a chain reaction is set in motion.