Set in the late 15th century during the reign of King Yeonsan, two male street clowns and tightrope walkers, Jangsaeng (Kam Woo-sung) and Gong-gil (Lee Joon-gi), are part of an entertainer troupe. The effeminate and beautiful Gong-gil specializes in female roles ; their manager prostitutes him to rich customers, and Jangsaeng is sickened by this practice. After Gong-gil kills the manager in defense of Jangsaeng, the pair flee to Seoul, where they form a new group with three other street performers.