Kidnapped, Neal tries to turn the tables on his captor by helping him pass a test to get into the elite group of thieves known as the Pink Panthers. Aided by Mozzie, Peter tries to find Neal before it's too late.
In order to cement his trust with the Pink Panthers, Neal must align with a dangerous enemy from his past and obtain an extremely valuable artifact. Peter finds it difficult to keep their secret from Neal and Mozzie.
Neal feels conflicted about scamming an innocent mark while running a con for the Pink Panthers. Meanwhile, Peter is working with a reckless Interpol agent who could put their entire operation in jeopardy.
With the Pink Panthers having gone silent, Peter and Neal focus on a case dealing with someone from Mozzie's past, who's returned to tie up loose ends and pull another con, this one at Mozzie's expense.
With a mole in the panthers now, Woodford has to find who it is while Neal and FBI have to figure out how they will bring the panthers down in their next heist.