The film centers on Jake Tilton, who acquires a mystical "monkey's paw" talisman that grants its possessor three wishes. Jake finds his world turned upside down after his first two wishes result in co-worker Tony Cobb being resurrected from the dead. As Cobb pressures Jake into using the final wish to reunite Cobb with his son, his intimidation quickly escalates into relentless murder-- forcing Jake to outwit his psychotic friend and save his remaining loved ones.