Set in the 19th century, when lowly butcher Dol Moo-Chi refuses to carry out an assignment, his failure causes tragedy to unfold upon his family and himself. As Dol Moo-Chi is about to be executed, a group of righteous thieves known as Kundo arrive.

A corrupted customs officer, Choi Ik-hyeon, faces losing his job. Then, his life turns around as he meets ganster Choi Hyeong-bae who has connection with the Yakuza. They quickly form a partnership; Hyeong-bae helps Ik-hyeon set up a business with the money from drug trafficking while Ik-hyeon lobbies for his partner Hyeong-bae. As the government declares war on crime, however, their partnership begins to crack.