A one-armed martial arts master is being stalked by an Imperial assassin, the master of two fighters killed in the previous film. When the One-Armed Boxer is invited to attend a martial arts tournament, his efforts to lay low are unsuccessful, and the assassin soon tracks him down with the help of his three subordinates: a Thai boxer, a yoga master, and a kobojutsu user.
Master of the Flying Guillotine is a 1976 Hong Kong wuxia film directed, written by and starring Jimmy Wang Yu. It is a sequel to Wang's 1972 film One-Armed Boxer, and is also known as One-Armed Boxer 2 and The One-Armed Boxer vs. the Flying Guillotine.