The Goonies

The Goonies follows a pack of misfits living in northwest Oregon who take it upon themselves to save their homes from redevelopment.The group is led through tense and somewhat hilarious misadventures as they become modern-day treasure hunters.

The end of the movie has the newly crowned heroes regaling their tale to local news reporters; one of the kids his encounter with a frightening octopus. The problem is, the octopus scene mentioned was cut beforehand.