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After one of its members witnesses a political assassination, an outlaw motorbike gang – the GraveDiggers – becomes the target in a string of murders, prompting an undercover cop named Stone to join their ranks to track down who is responsible.
When several members of the GraveDiggers outlaw motorcycle club are murdered, Sydney detective Stone is sent to investigate. Led by the Undertaker, a Vietnam war veteran, the GraveDiggers allow Stone to pose as a gang member. Leaving behind society girlfriend Amanda, Stone begins to identify with the Undertaker and his comrades Hooks, Toad, Dr Death, Captain Midnight, Septic and Vanessa, the Undertaker's girlfriend. Amid violent confrontations with the Black Hawks, a rival gang the GraveDiggers hold responsible, Stone uncovers a political conspiracy behind the killings. When the truth is revealed, Stone must choose between his job and his loyalty to the GraveDiggers.