Leprechaun in the Hood

In Los Angeles, Mack Daddy O'Nasses and Slug discover a hidden room full of gold and a leprechaun statue bound by a medallion around its neck. Slug removes the medallion, freeing the Leprechaun, who immediately kills Slug. Mack Daddy traps the Leprechaun again by reinserting the medallion and leaves with the golden flute.

Two decades later, wannabe rap artists Postmaster P., Stray Bullet and Butch fail at an audition and watch their speaker get destroyed. They also try to pawn a guitar they claim belonged to Jimi Hendrix to pawn shop owners Jackie Dee Redding and Chow to raise money for a new speaker. Stray Bullet convinces Mack Daddy, now a successful record producer, to pick them up, but he drops them when Postmaster P refuses to make his music more aggressive.

Stray Bullet manages to salvage a ride from Mack Daddy, who is now a successful record producer. He agrees to help the trio, but later dumps them when Postmaster P refuses to push their music toward aggression.

The friends break into Mack Daddy's office to rob him in revenge. Postmaster P shoots Mack Daddy in the chest, thinking he has killed him, and slips away with the golden flute from Mack Daddy's wrist. Butch accidentally frees the Leprechaun by stealing the amulet off his stone body.

The Leprechaun begins hunting the friends with the help of his Zombie Fly Girls to recover the stolen flute. The flute's tune places listeners into a euphoric trance, making the pursuit more dangerous and hypnotic for anyone who hears it.

Mack Daddy survives the shootout thanks to a bullet that is stopped by his necklace, allowing him to continue the chase for the flute. He hunts the trio, recognizing that reclaiming the flute is the key to his continued success.

The Leprechaun kills Reverend Hanson, Jackie Dee, Chow, and their transgender friend Fontaine as he closes in on the trio. With the destruction of his rivals, he positions himself to confront the trio during a hip hop contest that could alter their fates.

At the hip hop contest the Leprechaun corners the trio and demands the flute. He forces Stray Bullet to aim at Butch, threatening to kill him if the flute is not returned. Postmaster P reluctantly complies but then attempts to retaliate, and Stray Bullet is forced to shoot himself.

Butch convinces Postmaster P to use a four leaf clover joint to strip the Leprechaun of his powers and allow them to reclaim the flute for Las Vegas success. They set their plan in motion at a place tied to Postmaster P's family while plotting the heist.

Postmaster P and Butch, in disguise, enter the Leprechaun's club to locate him and reclaim the flute. They also work to break the Leprechaun's hold on the Zombie Fly Girls by having them smoke clover joints, revealing the Leprechaun's location.

The Leprechaun smokes a clover joint and momentarily passes out, giving the trio a window to move. The Fly Girls, freed from the spell, join the effort to locate and confront the Leprechaun.

Postmaster P retaliates by shooting Mack Daddy three times, while the Leprechaun pins Postmaster P to a girder with magic. Mack Daddy strikes back with a wooden chair, but the Leprechaun blasts Mack Daddy with magic and, with his last strength, hurls the magic amulet into the air as the trio tries to escape.

Sometime later, Postmaster P becomes a successful rapper, though his glowing neon green irises reveal the Leprechaun still controls him as his manager. The Leprechaun proclaims that he taught Postmaster P everything and now dominates the music world.