Bomba decides to find out who his parents were. He starts with Cody Casson's diary and follows the trail to a native village. An ancient blind woman tells him his parents and the village's true ruler were murdered by the current chieftain and his daughter.

Little David Gordon lives in the jungle with his parents Ruth and Fred, along with their servant Nona. David likes living there while his father captures wild animals; he's made friends with Bomba the jungle boy, who has shown him a great deal about life in the jungle. One day two adventurers come looking for ancient treasure in the shadow of a live volcano.

The Eagle uses sky writing to make threats against a corporation. Nathan Gregory owns a travelling fairground and is thought to be the Eagle. Craig McCoy is a pilot who goes looking for the Eagle when Gregory turns up missing.

In this second film in the Bomba, the Jungle Boy series, Bomba tracks a dangerous panther.