High school student Kaito loves magic. His father was a genius magician with a secret identity as the Phantom Thief Kid. Unfortunately his father died in an unforeseen accident in a magic act. Eight years later, Kaito unexpectedly learns of his father's secret identity, and that he may have been murdered. In order to uncover the truth, he dons a silk hat and a white cape to follow in his father's footsteps as the Phantom Thief Kid.