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The house is fixed up, and Steve decides to move in with Brandon. Donna finds Mrs. Korman's ring in Ray's jacket pocket. Everyone believes that he stole it (although he points out that he would have to be an idiot to leave the ring in his pocket for days, then let Donna discover it). The house's petty cash and Steve's gold watch turn up missing, and Steve blames Ray. Steve and Ray nearly get into a fight, and Donna decides to give up on Ray. Valerie exposes Ginger as the actual thief and orders her to leave town. Val pays off Ginger at the airport; they actually staged the entire incident so that Valerie could prove herself to the rest of the gang. Brandon tries to bring Kelly flowers for her birthday, only to find Colin in her bedroom. Colin angers Kelly by refusing to show for her birthday party; he later reveals that he spent the time creating a special painting for her. Donna gets drunk at the party and tries to throw herself at Ray. Brandon gives Dylan information about businessman Tony Marchette, his father's killer. Dylan follows Marchette into an elevator just to see how close he can get to him.

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