Kelly returns from a modeling stint in New York. She brings home an artist boyfriend named Colin, who rents a loft in Los Angeles. Brandon comes home from a summer job at the Boston Herald to discover that Val's obnoxious friend Ginger is staying at the house. Val and Brandon agree that they should not get involved, so Ginger comes on to him. Steve, Brandon and David consider renting a penthouse apartment together. David reveals that he and Clare have broken up. The real estate agent tells Brandon that the buyers plan to tear his house down, so the gang throws a party and trashes the place. She then informs Brandon that the house has fallen out of escrow, meaning that his parents still own it. Donna enjoys her summer with Ray, who has made an effort to make up for his past mistakes. A woman's valuable ring disappears during a party on the Martins' boat, and Felice believes that Ray stole it. Dylan tells Kelly about his obsession with tracking down his father's killer. She helps him sor

The house is fixed up, and Steve decides to move in with Brandon. Donna finds Mrs. Korman's ring in Ray's jacket pocket. Everyone believes that he stole it (although he points out that he would have to be an idiot to leave the ring in his pocket for days, then let Donna discover it). The house's petty cash and Steve's gold watch turn up missing, and Steve blames Ray. Steve and Ray nearly get into a fight, and Donna decides to give up on Ray. Valerie exposes Ginger as the actual thief and orders her to leave town. Val pays off Ginger at the airport; they actually staged the entire incident so that Valerie could prove herself to the rest of the gang. Brandon tries to bring Kelly flowers for her birthday, only to find Colin in her bedroom. Colin angers Kelly by refusing to show for her birthday party; he later reveals that he spent the time creating a special painting for her. Donna gets drunk at the party and tries to throw herself at Ray. Brandon gives Dylan information about businessma

Valerie's really annoying friend Ginger returns to town. She forces Val to put her up at a hotel and pay for room service and new dresses. Ginger blackmails Valerie, threatening to tell everyone about the previous fall's scam unless Val coughs up $50,000. She later changes her mind and demands a night with David instead. Clare and Donna confront Kelly after finding drugs in the apartment. She seeks refuge with Colin, and doesn't show for the girls' rummage sale. Brandon takes Kelly for a ride and refuses to drive her home until she has come to her senses. She steals his car when he pulls over to call Susan, then returns to the apartment and tells Donna that she is moving out. Brandon, Steve and Joe accept Jonathan's invitation to go flying in biplanes. Joe faints after his flight, prompting more concern about his heart. He agrees to another appointment with Dr. Martin.

Kelly and Colin argue because she used their entire coke stash. She goes to see his dealer alone, and a second man nearly rapes her. She hits him in the head with a wine bottle and drives away. Kelly calls Brandon for help; he finds her trembling in her car. Brandon and Jackie get Kelly into a rehab center. She confesses her love for Brandon, who does not reply. David writes Val a special poem for Valentine's Day. Valerie tries to pacifiy Ginger (and help out Susan) by setting her up with Jonathan. They pretend to be a couple in the hopes of making Susan jealous. When Jonathan tries to trick Susan into entering a dance contest with him, she punches him in the face. Valerie tells David about her scam with Ginger, and asks him to save her from humiliation by spending the night with Ginger. Nothing happens between David and Ginger, but he dumps Valerie because he feels betrayed by her request. The football coach kicks Joe off the team and recruits a new quarterback. Donna stops Joe from q