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Though Desi Arnaz plays the title role, Gregory Peck is top billed in Billy Two Hats. Arnaz plays a thief who teams up with Scottish bank bandit Peck. A botched robbery results in a tiny amount of cash and an accidental killing. Peck rescues the captured Billy, enduring a leg wound in the process. While resting in the home of an old rancher, Peck goes off in search of a doctor, while Billy enjoys the sexual favors of the rancher's young wife. This interruption in the bandits' escape enables Indian-hating sheriff Jack Warden to catch up with Arnaz and Peck. A last-reel shoot-out ensues, involving sheriff's deputies, the rancher, and a band of Indian renegades. Billy Two Hats (reissued as The Lady and the Outlaw) was the first American western to be filmed in Israel.