After having his hideout messed up by the Flags, who make a fire, eat their fruits and get hold of their net, Curupira, the famous protector of the forests and animals, revolts against the troops and starts to apply a lot of pranks in the gang, putting against each other.
Suffering from hunger, the Flags find the supposed tribe of the Enchebuchos, who receive them with endless banquets. After yet another hearty meal, the troops discover that they will be the main dish of the dangerous cannibal flying Indians.
Leaving the Timbiras tribe, the Flags face a crossroads and have to choose between four paths, which ends up putting the troops on a collision course with a swarm of bees and a giant and hungry alligator, among other dangers.
In search of the treasure of Dom Sebastião Maia, the Racional, the Bandeiras are tricked by Xavier and end up stranded in the middle of Lagoa da Canoa, where they are chased by the mysterious Ipupiaras, who live in the water.
Looking for another treasure, the Flags meet two tribes, the Eujuro-Devera and the Kaskatah-Ymigué. One tells only the truth, the other, just lies. Now, Captain and his gang will need to use their reasoning to know how to find the treasure.
Captain separates from the pack and ends up being attacked by a jaguar, but is saved by the Indian Conhori, who takes him to the Amazon village. Captain is welcomed as the chosen one to marry Conhori, but does not know that he is at great risk.
After hosting an old man for a night in their camp, the Bandeiras encounter strange apparitions through the forest, until Gervásio realizes that the brush he received as a gift from the old man makes their drawings come back to life.
Behind the treasure of João Botinão, the Flags meet the Kaladoens, Indians who make no noise at all, as the region is inhabited by a monster, the Star-Lurker, who hates noise. Captain, however, discovers that the treasure is right in the animal's den.
The Flags find a small Indian village, the Goiazis, who are terrified of the attacks of a certain Emperor X. After discovering that X is none other than Xavier, Captain and his band help the little ones to counterattack.
Captain looks for the sacred hammer, a treasure capable of attracting shiny objects from the heights. After finding a village destroyed by lightning, they discover that the treasure is none other than Tupã's hammer.
The Flags find the cave of Iara, but are followed by Xavier, who captures everyone. Using headphones made from plants, the Flags protect themselves from Iara's song, which bewitches the Spaniards, helping the Flags to escape.
In search of Eldorado, Bandeiras build a canoe to cross the Tietê, but are pursued by Pirataca, a creature that lives at the bottom of the river. Esmeralda lays eggs without stopping, out of fear, and the Bandeiras discover that the monster likes the delicacy.
When they see and chase a flying saucer, the Flags end up in a cave that, in fact, is a portal to Machu Picchu, where the band ends up disrupting a ceremony of Inca priests and encountering the UFO again.
Unaware that Xavier and the Spaniards are on his trail, Captain finds the Fountain of Youth. Very thirsty, the Flags drink the water and become children. The small flags make the Spaniards miserable and reverse the spell by drinking wild acerola juice.
Fleeing from the Spaniards, the Flags disguise themselves with blue macaw feathers. Xavier realizes that the Flags are looking for a treasure and also disguises himself with red macaw feathers to follow the flock, but the two groups end up at the carnival in the village of Tupinambaranas.
Captain is bitten by a maned wolf and turns into a werewolf. Friar Bartolomeu discovers that the antidote to make the band leader return to normal is to prick him with a silver object. The solution lies with Gervásio, who is full of silver trinkets bought at a fair.
In the region of the Uruguaçus tribe, Gervásio finds a pile of colored stones. When trying to catch one of them, he is captured by the great Urukonga, a giant king vulture. Now, only Esmeralda will be able to save him, counting on a strange power that the stones have.
Captain loses his memory while drinking a magic potion that supposedly would lead him to a treasure and ends up getting lost in the woods, where he is found by Xavier and his band. Captain joins Xavier's band in search of the treasure and the Flags need to rescue it.
The Flags find a cave full of golden statues, but discover that the statues are the population of a small village called Nova Aurora. In the village, an elder tells them that a Medusa-like creature, called the Cambodian Bugra, turned people into gold.
After refusing to bathe and separate from the troop, Captain Flag finds a well of magical sands that duplicates everything. Captain makes clones of himself and starts to walk with them, but, after discovering that Xavier captured his friends, he will need to face the villain.
Looking for a giant gold nugget, the Bandeiras find the tribe of I-tú, composed only for giant cyclopes. Captain steals the tribe's gold nugget, but the stone was the chief's tooth, who gets angry and captures the Bandeiras.
Looking for an old castle in the woods, where a treasure was supposed to be hidden, the Flags are attacked by an old vampire and taken to a castle. Only Gervásio and Captain escape the creature and devise a plan to free their friends.
Captain Bandeira steals a secret formula from the Vazum-Bi tribe, which, theoretically, should dig things up from the ground, such as treasure, for example. The problem is that the drops of the mysterious Vazum-Bi potion cause zombie Indians to come out of the pit and attack the troops.
The Bandeiras face a thousand adventures when looking for a mysterious treasure that would be a ring with magical powers, but, little by little, Amberê realizes that the adventures are repeating themselves and, in fact, the gang is stuck in a time loop.
