The ring was forged by the master smiths Freddie and Eddie, its face was engraved by Eggo the Waffle stack. Its making consumed all three, and they vanished from the world sometime around 1880. The ring was lost when General Mills was raided by The Honeycomb Kid and his gang of Trix Brats in 1903, but was found again when the ruins were excavated by a team of forensic scientists. The team's leader, George Dixon, was slain by his second, Gus Grissom, who went into hiding and attempted to form an army comprised entirely of extras used in CSI and Law and Order.
The ring was definitely in the hands of the celestial wanderer Little Star, who passed it off to persons unknown before she returned to space sometime in 1993. It shows up again in the hands of the only still living Triplet, Anna, who donates it to the Guggenheim museum in 1996 upon her death. A Cartel of world criminals comprising of Lex Luthor, Snidley Whiplash, Angelica Pickles and Queen Beryl meet up in Queen Beryl's lair inside the Puzzle Place in Petrograd. There they retain the services of espionage master Boris Badenov who, with the help of Pruneface, steal the ring from the Guggenheim. However, Boris betrays the cartel, and feels to Chicago, where he tries to receive the protection of retired Crime Lord Bluto. Bluto rejects Badenov’s entreaties and Badenov, along with Pruneface, are brutally executed by ex-Mafia hit-man Luigi, who now serves Queen Beryl.
The stage is set for a global conflict when Dick Tracy reveals to International Rescue of what has occurred. When John Tracy confirms for his brother Virgil about what has occurred, Virgil has no other choice. He contacts Billy Blazes, now riddled by lung cancer, that he tells him that he must recall the Rescue Heroes to active duty. While Billy begins his laborious task, everything is thrown for a loop when a team up between Carmen Sandiago and Ghostwriter successfully steal the ring from the cartel, and everyone on both sides scramble to figure out where in the world they are. But when Darkwing Duck finds Carmen dead, having been killed in an assassination attempt by Wishbone and Zoboomafoo, fear strikes the hearts of all! From deep within Groundling Marsh, an insignificant region of a Louisianan bayou, a heroine who cast her back on the world will here the cries of the world and return to civilization to find the ring and save the world.