As a result of all his hard work on Beverly Hills Gun Club, screenwriter Adam Rafkin has been hospitalized with pneumonia. To help cheer him up, Peter arrives with their film’s new leading man, action film legend Cole Ricardi. However, Adam’s recovery is set back when Cole reveals the changes he wants in the script. Meanwhile, Co-Executive Producer Dick Black complains about casting the aging Ricardi as the lead in their new film.
After Peter persuades Dick that there’s no better person for the part, Cole makes a late night visit to announce that he’s gay. While Cole insists that the time has come for him to make his homosexuality public, Peter warns that it could damage the film’s prospects at the box office. To persuade Cole to reconsider, he claims to be a closet homosexual, too. And after Peter is forced to prove it, stress causes Adam to have a stroke.
As Peter struggles to keep anyone from learning about his homosexual experience, both Momo Shabong and Bobby G. also weigh in against Cole. Realizing that he’ll have to pay his $10 million salary out of his own pocket unless he does something fast, Peter returns to see the aging action star. And while he persuades him to bow out of the picture and announce that he’s gay, little did Peter suspect that Cole would choose to “out” him, too.