Haunted by what happened to him as a child, Corey has all but repressed the memory of the demonic Tooth Fairy that terrorized him and his family 20 years ago. As disturbing nightmares and residual memories increasingly plague him, everything comes to a head at a reunion between Corey and his old Uni friends. One by one they are killed, and their teeth extracted, with the friends pointing the finger squarely at Corey. Finally the true horror of what is behind the killings is revealed, with the return of The Tooth Fairy.