The discovery of a washed-up body sparks a debate between Shawn and the police, who both disagree as to how the man died.
While Shawn believes that the man was killed by a Tyrannosaurus Rex, the police believe the killer is a little less... extinct.
The FBI employs their own psychic in a search for a counterfeiter, causing the department to work together in an effort to prove that Shawn is the better psychic.
Shawn tracks down Lassiter's car with little difficulty after it's stolen. However, Shawn discovers that there's more to the situation than meets the eye and calls Gus back from vacation to help with the investigation.
Gus and Shawn's childhood nemesis, now a horse jockey, asks the duo for help in discovering why his horses never win. But the investigation develops into a murder case after a jockey dies while racing.
Shawn and Gus are put on the case when a food critic is murdered. However, Gus' Uncle Burton is in town, and due to a misunderstanding, Gus must pretend to be the psychic detective to avoid disappointing his family.
Shawn and Gus take on academia as lecturers at a school for the gifted where two students suspect a teacher of murder, they just don't know who's been murdered or the murderer's identity. At the precinct, Juliet lobbies hard for lead position on the next case, and Lassiter hands her a "gimme". The same case Gus and Shawn are working.
Shawn and Gus want to be put on Lassiter's burglary case, but a sleep-deprived Chief Vick orders them to find her a nanny instead. Unfortunately, at least from Lassiter's view, the two teams keep crossing paths, and Shawn sees an opportunity to horn in on the more interesting case.
Shawn and Gus find themselves trying to outwit a bounty hunter when Juliet asks them to find a suspect who escaped from her custody. The problem is, once they find him, Shawn believes his claims of innocence, meaning they not only have to capture him, but prove he's been set up.
Christmas with the Gusters is ruined when Gus' parents' neighbor is killed, a clue leads Lassiter to look at Mr. Guster more closely. Evidence leads the police into arresting Gus' mother too, and Shawn and Gus vow to get them out of jail.
The star of a Spanish telenovela has been murdered by another actor on the show. The murderer insists that it was an accident and claims that the prop knife was switched with a real knife without his knowledge. Shawn and Gus believe that he was framed and investigate the crime. Gus is especially excited to be working on the set of his favorite soap opera, but it's Shawn who gets a recurring role on the show.
Henry bails on his weekend outing with Shawn, stating that he's too ill to leave the house. Shawn is nowhere near upset until he and Gus catch Henry driving by, clearly not sick at all. Naturally, they follow him and discover he used to be a member of the Monarch Lodge, a clandestine society. They barge inside looking for an explanation and are surprised to find one of the Lodge members lying dead before them. Shawn suspects murder, and in order to conduct an inside investigation, he becomes a member of the society.
It's Gus' birthday, so Shawn takes him to the launch party for Ciao clothing's new fall line. While Gus tries to make a move on his favorite model, one of the owners of Ciao is suddenly electrocuted via the stage's microphone. Shawn is certain that his death was no accident, so Shawn and Gus move in to the loft where the Ciao models live.
Lassiter and Juliet get called to a museum to investigate the disappearance of a 3,000-year-old mummy. Lassiter insists it's just a prank that's not worth his time. He's busy working on another case involving the death of philanthropist William Wyles III. However, the assistant curator insists that something weird is going on, something possibly supernatural that requires special help. Shawn is then brought in on the case, and he declares that the mummy was not stolen, iit walked away on its own.