As Detective Kyung-do gets closer to the truth about the Phantom case, his own superior Tae-gu frames him as a corrupt mole. With his most dogged pursuer neutralized, Tae-gu now turns his attention to Eun-soo, ordering a rookie to tail her young daughter Su-ah. Now, everyone is a target.

Waking up from a brutal attack, corrupt detective Jang Tae-gu discovers his world is collapsing from the inside. His own protege, Choi Kyung-do, uncovers the damning evidence that could expose everything, proving that the hunter has officially become the hunted. There is no one left to trust.