One year after serial killer Bobby Lance Ray (Richard Dreyfuss) inserted his soul into a Toy Bonnie, a toy company attempts to re-create the doll, bringing Ray back in the process. The possessed doll, intent on claiming a human body, kills his way toward former owner Aaron (Macaulay Culkin), who now lives in a foster home. Aaron's foster sister, Karla (Amy Sedaris), tries to protect him, but his foster parents believe Aaron is just a troubled kid -- and Bonnie's murderous path continues.