After a long and golden dormancy, The Leprechaun (Warwick Davis: Willow, Star Wars: The Return of the Jedi) is brought back to life by three bungling rap artists looking to launch their music career. When Butch, Postmaster P, and Stray Bullet loot the house of hip-hop mogul Mack Daddy (Ice T, New Jack City) to fund their demo album, the threesome unwittingly ends up with the secret of his success: a magical flute.
Their gigs instantly turn golden but the blood-thirsty Leprechaun and an angry Mack Daddy are hot on their trail, leaving a wake of destruction tainted by politically incorrect limericks.