In this whimsical episode, Peabody and Sherman travel back to meet Robin Hood, who is suffering from amnesia and has forgotten his identity as the legendary outlaw. As Robin competes in a fixed archery competition against the scheming Prince John, Peabody must help him regain his memories and outsmart his rivals. Amid the antics of the competition, Peabody devises clever strategies to ensure Robin can reclaim his title as the true hero of Sherwood Forest, all while navigating the humorous twists of the fixed event.