Set in the insular world of Venice, California, "Flaked" is the serio-comic story of a self-appointed "guru" who falls for the object of his best friend's fascination. Soon the tangled web of half-truths and semi-bullshit that underpins his all-important image and sobriety begins to unravel. Chip (Arnett), a man doing his honest best to stay one step ahead of his own lies.

In the new season of Flaked, Chip returns to Venice after a short exile and finds that he is no longer welcome. People have not forgotten that he sold out the local community. And for what... ? Chip's lost everything: his store, his friends, his reputation, his bicycle... he doesn't even have a guest house to live in. All he's got left is London, and she's beginning to look elsewhere - spiritually, if not physically.

Chip starts to claw his way back into the affections of the community, first asking Dennis to be his sponsor, then helping his friend in a new business venture, and even doing an honest day's work... But the lies are never too far behind, and just when it looks as though he's won back his friend and stabilized his relationship, everything splinters again and he slips back into the bottle...

It becomes clear that he needs to make a choice: his best friend or the love of his life. Lies or sobriety.