Karen McCoy (Kim Basinger) is a bank robber who, having been caught 6 years earlier after a double cross, is released from prison on parole after 6 years, determined to make a new life with her young son.

Yet when her former boss, the gangster Jack Schmidt (Terrence Stamp), needs her for one more heist, he kidnaps her son to ensure she goes through with it. With the help of rookie criminal J. T. Barker (Val Kilmer), can she pull off the impossible and rob the very bank she was caught in all those years ago?