Skippy kicks off his shoes and dives into the water to rescue his friend Hank. After he drags Hank to the shore, Skippy no longer has his socks but is barefoot.
When Skip jumps in the flash flood to save Hank, he stuffs the package with the money in his shirt before he jumps in the water. When he arrives at Hank's location and gets out of the water, the package is gone. In several scenes following that, a sack appears and disappears and reappears tied to Skip's waist, supposedly the sack with the money.
The prologue says the story begins in midsummer, but the calendar in the police station is for February.