Frank: Go ahead and shoot, before he bites you.
Larry fires, but misses.
Frank: Bad luck.
Frank aims and hits the wolf. Gwen can tell Larry is upset about something.
Frank: See? Nothing to it. Care to try another one?
Larry: No, thanks. You win.
Larry grabs his hat and leaves. We cut back to Sir John and Montford.
Sir John: He's unstrung. Long trip. That unfortunate accident the other night.
Larry makes his way out of the Gypsy Fair and passes by Maleva's cart.
Maleva: You've been a long while coming.
Larry: I'm not buying anything.
Maleva: And I'm not selling anything. I expected you sooner.
Larry: I remember you. That night, and in the crypt.
Maleva: Go inside.
They enter her tent.
Maleva: You killed the wolf.
Larry: Well, there's no crime in that, is there?
Maleva: The wolf was Bela.
Larry: You think I don't know the difference between a wolf and a man?
Maleva: Bela became a a wolf and you killed him. A werewolf can be killed only with a silver bullet, or a silver knife . . .
She looks down at Larry's cane.
Maleva: . . . or a stick with a silver handle.
Larry: You're insane! I tell you, I killed a wolf! A plain ordinary wolf!
Maleva: Take this charm. The pentagram, the sign of the wolf. It can break the evil spell.
Larry: Evil spell, pentagram, wolfsbane. I'm sick of the whole thing! I'm gonna get out of here.
Maleva: Whoever is bitten by a werewolf and lives, becomes a werewolf himself.
Larry: Ah, quit handing me that. You're just wasting your time.
Maleva: The wolf bit you, didn't he?
Larry: Yeah. Yeah he did.
Maleva: Wear this charm over your heart always.
She places the charm around his neck.
Larry: All right, all right, I'll take it. What's it worth to you? I'll give you . . .
Maleva: Do you dare to show me the wound?
Maleva: Do you dare to show me the wound?
He opens his shirt, she sees the wound is gone.
Maleva: Go now, and Heaven help you!
Larry rushes out of the tent, not noticing Montford is watching. A second later, Maleva steps out and whispers something to another Gypsy. That gypsy spreads the word to another. The word travels through the rest of the gypsy camp. All the gypsies scramble to their feet and start packing up their belongings. Larry bumps into Gwen . . .
Larry: Gwen! Gosh, I'm glad to see you. I thought you left with Frank.
Gwen: We had a quarrel, and then I . . .
Larry: Well, I'll take you home, then. We better go this way. . . . Quite a hectic night, wasn't it?
Gwen notices the charm around Larry's neck.
Gwen: What's that?
Larry: That? That's a charm. I just saw the old Gypsy woman. They give you quite a sales talk, don't they?
Gwen: Let me see. . . The pentagram.
Larry: Yes. She said that I was a werewolf.
Gwen: But surely you . . .You don't believe that . . .
Larry: Gwen, I won't need this. I want you to have it. It'll protect you.
Gwen: Protect me? From whom?
Larry: Me. Just in case.
Gwen: I never accept a present without giving something in return. Here's a penny.
Larry: That isn't enough.
He leans in and kisses her, but they are interrupted by the rustling of the Gypsies packing up their gear.
Larry: Why, the Gypsies are all leaving.
Gwen (running off): I must go, too.
Larry: But, Gwen . . .
A Gypsy runs by him . . .
Larry: Hey, hey, hey! What's all the excitement?
Gypsy: There's a werewolf in camp.
Larry is stunned by the recent events and hallucinates visions of Maleva, Bela, wolfsbane, the pentragram, his beating of the wolf with his cane, and Gwen looking frightened.
We cut to Larry now at the Talbot estate, rushing into his bedroom. He checks his hand and arm, something seem strange to him. Larry removes his jacket, tie, and rolls up his sleeve. He inspects his arm again, but sees nothing. He turns to the mirror and takes his shirt off. He checks his face, and finally a small smile emerges, relieved that it was all in his head.
Larry sits down to remove his shoes and socks and is shocked to see a growth of hair on his feet and legs. He stresses out as his legs transform further, now completely covered with hair and shaped like half human, half wolf. Our view stays focused on his feet while he gets up and walks out.
Larry is now outside walking in the fog blanketed woods. We now see that he has completely transformed into a werewolf as it growls. The werewolf notices Richardson, the gravedigger, is working alone. Richardson takes a break to smoke his pipe when he hears the Wolf Man howling. He's wide-eyed when he sees the Wolf Man.