銭形警部はロビエト連邦の空港で爆破テロに遭遇し、犯人の顔がルパン三世だったことに驚く。
すぐに見失うが駅で別の“ルパン”を発見し列車内でルパンを拘束するも、次元大介の助けで脱走を許してしまう。
一方、峰不二子はサーカス団に潜入し、空中ブランコの乗り手として最高指導者ブレーリンの寵愛を受けていた。
軍縮条約パレードを目前に控え、国家保安委員会のカラシコフはルパンをテロ実行犯かつアルカ合衆国のスパイと断定し追跡するが、銭形は疑念を抱いていた。
そして、首都で国家保安委員会に追い詰められたルパンの前に立ちはだかったのは、彼の無実を信じる銭形だった――。
だが、その瞬間、新たな爆破が銭形を襲う……。
Inspector Zenigata encounters a terrorist attack at the airport of the Lobbye, and is surprised that the murderer's face was Lupin III.
He soon loses sight of it, but finds another “Lupin” at the station and restrains Lupin on the train, but he allows him to escape with the help of Daisuke Dimension.
On the other hand, Mine Fujiko infiltrated the circus troupe and was favored by Supreme Leader Breyn as a rider of the aerial swing.
With the disarmament treaty parade just around the corner, the National Security Council Karaskov identified and tracked Lupin as a terrorist and a spy of the United States of Alka, but Zenigata was suspicious.
Standing in front of Lupin, who was cornered by the National Security Commission in the capital, was a sengata who believed in his innocence.
But at that moment, a new explosion hits the sengata...