After a narrow escape, Martin Claver is now in the crosshairs of crooked cops and nefarious Flambeau, both searching for a way to put an end to the Phantom Phoenix.

A jewelry store explosion is conveniently pinned on the Phoenix, and the entire city begins to doubt the intentions of the virtuous vigilante. Even Martin questions his own tactics, wondering if Chicago will ever welcome his crime-fighting capers.

Can Martin clear his name? Or will the fire of the Phoenix be snuffed out forever?