Frog-Thor dodges the jaws of the sewer alligators and snatches the flute away from the Piper. He makes off with the instrument and uses it to draw the gators after him. In Central Park, the frogs led by Puddlegulp spring their trap on the rat enemy.
A masked Thor has arrived at the Althing; Loki suggests a recess of one week to allow for Thor to heal (actually so Loki can figure out who the imposter is). The God of Mischief transforms himself into a fly and enters Heimdall’s home where he learns that the phony Thor is Harokin in disguise, and that his Mjolnir is a fake. This gives him an idea….
Thor leads the alligators against the rats and the Piper arrives to recover his flute and leads his pets home. At a meeting of the frogs, Thor is acclaimed the new king but he must decline as he needs to return to his own realm. Thor heads to the alley where his hammer and goat-drawn chariot await. Attacked by a horde of rats, the hero manages to lift Mjolnir so that he can grasp it with his little froggy legs; result: a six-foot tall frog dressed like Thor. He mounts his chariot and rides for Asgard!!