Original Air Date: March 9, 2010
Synopsis: After months of searching, Neal has finally found the object of everyone's desire - the music box. According to Alex, the box is in the Italian consulate, but it will only be there for a week, which doesn't leave Neal much time to plan a heist. He'll only have one chance to get the box, at an invite-only party at the consulate. But in order to make it work, Neal is going to have to first get his tracking anklet turned off.
With nothing left to lose, Neal turns to the last person he should be making a deal with - Fowler. In exchange for the music box, Neal wants Fowler to let him and Kate go, no questions asked. Fowler scoffs in front of his men, but Neal has a feeling that the OPR Agent is willing to do anything to get the box, even if it means aiding Neal.
But Peter has been watching and he knows about the deal with Fowler. Disappointed, he admonishes Neal and urges him to do the right thing. However, Fowler is more desperate to get the music box than they both realize. Recognizing Peter as a threat, Fowler hits him at his weak spot - Elizabeth. Fowler and his men show up at Elizabeth's office and start tearing the place apart. Furious, Peter arrives and plays right into Fowler's hands, decking the OPR Agent and earning a two-week suspension.
Peter and Neal make a vow to nail Fowler. But how? Fowler may be powerful, but he's also aiding Neal in illegal activity. For that, they can bring him down. Peter calls in a favor from an old friend: Agent Diana Barrigan. He wants her to look into how Fowler is manipulating Neal's tracking anklet.
Meanwhile, Neal, Mozzie and Alex ready themselves for the heist. Things go smoothly at the consulate as Neal charms the consul general, but they take a turn for the strange as Neal kicks his plan into action and announces himself as a world-renowned art thief who has come to rob the place. It's a risky move, but the risk is worth the reward. But will Fowler really make good on his promise to let Kate and Neal go free? And what about the mystery man giving Fowler his orders? It seems that Neal may be in deeper than he ever imagined...