Under the rule of Prince John (Hubert Gregg), fledgling hero Robin Hood (Richard Todd) is forced to relinquish his property after beating the Sheriff of Nottingham (Peter Finch) in an archery tournament. Robin forms a group of like-minded avengers to rise up against the taxes taken by Nottingham. Robin then tries to save King Richard from Austrian captivity by contributing to his ransom, but Prince John stands in the way of his plan, while Maid Marian (Joan Rice) is held hostage.