“Bloodhounds Season 2 returns with another heroic chapter in Gun-woo’s journey as he sets out to dismantle the illegal underground boxing syndicate, IKFC, led by Baek-jeong. Familiar allies from the first season—Min-beom, Tae-yeong, Du-yeong, and Mr. Moon—rejoin him, grounding the story in loyalty and shared history. This season leans heavily into action, blending high-stakes boxing matches with brutal street fights. Behind the scenes, IKFC operates a lucrative empire fueled by bitcoin, raising the scale of its influence.
After Gun-woo wins a championship, Baek-jeong becomes obsessed with forcing him into the cage. Gun-woo refuses to be pulled into that world, a defiance that only deepens Baek-jeong’s fury. What follows is a relentless escalation, with Baek-jeong willing to go to any extent—even targeting Gun-woo’s allies—to get his way. Driven to protect those around him, Gun-woo is pushed to grow stronger, standing firm against every threat Baek-jeong throws at him.”
This article contains spoilers.
Bloodhounds (Season 2) Episode 1 Recap:
The series opens with Gun-woo and Woo-Jin waking up to train for an upcoming boxing championship. After the training, the duo visits Gun-woo’s mother’s (So-yeon) café, where Gun-woo leaves to deliver, and Woo-jin helps with preparing coffee. During dinner, So-yeon asks Gun-woo to lose weight so he can be eligible to fight.
Before the actual match, the two champions, Adik and Gun-woo, are weighed. Thankfully, Gun-woo makes it. However, Adik is less of a sportsman and starts to threaten and intimidate Gun-woo. On the day of the match, Baek-jeong, Sergeant Yun Tae-geom, and Allen, escorted by Mr Lee, arrive to watch the match. The match begins, and Adik is still aggressive, pushing Gun-woo into a corner. In the first round, Gun-woo uses defensive tactics to keep going.
What happens to Adik?
Even though Gun-woo is hit hard, he continues. In the second round, with Woo-jin’s guidance, Gun-woo manages to hit straight through Adik’s eye, making Gun-woo take over the second round. Watching the match, Baek-jeong learns that if Adik wins, he will use the money to pay off his debt, but Baek-jeong wants Adik in a cage.
For the third round, Woo-jin advises Gun-woo to blow the eye out to finish the game, but Gun-woo wants to use another tactic. Similarly, Adik’s coach is sure that Gun-woo will target the eye. The third round begins, Gun-woo punches Adik’s side, finishing the game. After being declared the champion, Gun-woo checks to see if Adik is alright. This time, Adik shows sportsmanship, saying it’s all business and to forget everything Adik had said.
That night, Woo-jin and Gun-woo celebrate by cooking dinner. Soon, Min-beom shows up, and they reminisce and cheer for the lost family like President Choi. After some drinks, Min-beom reveals a hospital project he is working on that has been approved. Eventually, Min-beom plans to have a pediatric wing in honor of Choi.
Meanwhile, Adik is taken to an underground area to fight and pay his debt. This fight is dangerous. Adik is given metal plates to use during the fight. Just before the match, Allen live-streams the event. Adik is taken to the cage to fight against Baek-jeong. In a few minutes, Baek-jeong defeats Adik. When a doctor thinks they should sell Adik’s organs, Baek-jeong stops the cameras to kill Adik. Now, Baek-jeong wants Gun-woo in the cage. This is an underground, illegal boxing ring called the IKFC.
Will Baek-jeong’s men be successful in kidnapping So-yeon?
Elsewhere, Gun-woo and Woo-jin visit Tae-yeong as she is getting physiotherapy. They visit a supermarket where Tae-yeong reveals she will get a job in protecting networks from viruses and hackers. Later, Tae-yeong tells Woo-jin not to feel guilty for what happened, but Woo-jin comforts Tae-yeong, saying it is Woo-jin and Gun-woo’s rule to care for their family. At home, Baek-jeong and Yun visit Gun-woo’s house.
They say they are Gun-woo’s friends when they enter the house. When Gun-woo and Woo-jin arrive, the two men lure Gun-woo with billions of won to join IKFC. However, So-yeon stops the boys, saying it is probably dirty money. Then the duo asks Baek-jeong and Yun to leave. They plan to kidnap So-yeon to get Gun-woo in the cage. To find more information on Baek-jeong, Woo-jin contacts Jae-myeong. However, they don’t get a match on Baek-jeong. Later, Gun-woo convinces Woo-jin to deal with Baek-jeong as a duo and not involve others, putting their lives at risk.
Elsewhere, Mr.Lee tells Baek-jeong that there are four prisoners who would be willing to do the job as they hold a grudge against Gun-woo. Among them, Baek-jeong picks one of the prisoners. Furthermore, to be safe, Mr.Lee suggests using security if things don’t go as planned or if So-yeon is hurt. The prisoner in question is given a message in prison that he will be out soon. The thugs scout So-yeon’s café, making her nervous. Meanwhile, Gun-woo installs more cameras at home.
At this time, Woo-jin sees news that Adik is missing, and now they are sure Baek-jeong has something to do with it. That night, as everyone is asleep, Allen hacks the cameras and unlocks So-yeon’s house. The security goes in and takes So-yeon. Suddenly, So-yeon falls, waking Woo-jin and Gun-woo. They now get into a fight. Thankfully, So-yeon is safe. The security tries to run away with their car, but Gun-woo chases after them on foot. Suddenly, the car explodes.
Bloodhounds (Season 2) Episode 2 Recap:
The episode opens with the cops investigating the events of the previous night. Woo-jin tells Detective Choi Gyeong-won about their suspicion of the IKFC group and Adik’s disappearance as well. However, the CCTV footage does not seem to show any foul play, even though it was tampered with. Detective Gyeong-won asks the men to relocate elsewhere for the time being.
So, Woo-jin and Gun-won decide to stay with Tae-yeong. When they leave, Baek-jeong’s men follow Gun-woo’s car. At the car explosion site, Gyeong-won finds a wallet that has a business card belonging to Jin-Nam (bodyguard). The cops tell the detective that a bomb expert made the bomb. In prison, In-beom swallows the pill given to him, and he starts convulsing. Immediately, In-beom is sent away in an ambulance that has Baek-jeong’s men.
In Tae-yeong’s house, Woo-jin and Gun-won tell Tae-yeong to find information on IKFC. However, Tae-yeong does not find anything on the internet. Upon looking on the dark web, IKFC is found. To become a member, one needs to put credit card details, so Woo-jin thinks of contacting Mr.Moon, their marine senior, who can lend them a mule card.
Woo-jin visits Mr. Moon, but does not realize Allen and Yun are following him. At the location, Mr. Moon gives a mule card but also tells Woo-jin that he is not going to sit idly when Woo-jin and Gun-woo are in trouble. Meanwhile, In-beom wakes up in an abandoned warehouse where Mr. Lee introduces himself as In-beom’s savior. However, In-beom does not care and fights with the henchmen present.
Seeing this, Baek-jeong fights In-beom himself. After beating In-beom to a pulp, Baek-jeong offers to make money off of Gun-woo, but In-beom insults Baek-jeong. Now, Mr. Moon makes Woo-jin realize that he was probably followed, so Mr. Moon asks Woo-jin to drive around the block to see if anyone follows Woo-jin.
Who saves Woo-jin and Mr. Moon?
Sure enough, Yun follows Woo-jin. So, Mr. Moon asks Woo-jin to go to an address he gives and asks him to tell Gun-woo to find another place to go for their safety. Gun-won calls Min-beom, but he is busy in a meeting. However, Min-beom’s assistant provides a location for Gun-woo, Tae-yeong, and So-yeon to stay. Furthermore, Gun-woo requests a motorcycle so he can help Woo-jin. When the family moves out of the apartment, Allen informs Yun about it, and Yun asks for backup from Baek-jeong.
After reaching the safe location, Gun-woo takes off to meet Woo-jin. Now, Lee overtakes Woo-jin, leading to an abandoned factory. At the factory, Woo-jin and Mr. Moon fight Yun and beat him unconscious. Backup goons arrive, so Woo-jin and Mr. Moon run. However, they can’t go far and are forced to fight. Despite putting up a good fight, Woo-jin and Mr. Moon are severely injured and are taken away. Just then, Gun-woo arrives, taking down the thugs single-handedly. After that, Gun-woo helps Woo-jin and Mr. Moon.
Bloodhounds (Season 2) Episode 3 Recap:
The episode opens with So-yeo consoling Gun-woo, who blames himself for Woo-ji and Mr. Moon’s state. During this time, Tae-yeong asks police chief Gang-yong to help Gun-woo and Woo-jin. Meanwhile, Woo-jin and Mr. Moon get treated for their injuries. Gang-Yong calls Gun-woo to say they will get through whatever is happening together and heads to Min-beom’s house. Later, Mr. Moon and Gun-woo visit Min-beom’s house to discuss the situation.
However, Mr. Moon and Gang-yong get off on the wrong foot as Gang-yong does not trust Mr. Moon’s methods. A while later, Gang-yong gets the information that In-beom escaped from prison. Elsewhere, In-beom agrees to work for Baek-jeong. That night, Min-beom gives high security to Woo-jin, Gun-woo, So-yeon, and Tae-yeong in the Marriott, which is Min-beom’s friend’s hotel. Meanwhile, Mr. Moon’s assistant gets information on the thugs who attacked Woo-jin and Mr. Moon.
How do the thugs plan to get Gun-woo to fight in the cage?
In a meeting, Allen reveals that investors wanted to see Gun-woo in the cage. To get Gun-woo to fight, In-beom suggests using Min-beom. Now, Mr. Lee gets information that Gyeong-won will be meeting Gang-yong to give evidence of what happened to Woo-jin and Gun-woo at their house. At the hotel, Tae-yeong uses the mule card to become a member. They see an AI-created poster of Gun-woo ready to fight in a challenge tournament. While watching the match between Adik and Baek-jeong, Allen hacks Tae-yeong’s computer.
A while later, Mr. Moon takes Woo-jin on a mission. They arrive at the thugs’ hangout. The thugs start attacking Woo-jin, Mr. Moon, and his assistant. A shop owner calls the cops. Elsewhere, Gang-yong and Gun-woo spot Gyeong-won approaching them, but someone stabs Gyeong-won and runs away. So, Gun-woo chases after the man but fails to catch up. Unfortunately, Gyeong-won succumbs to the injury. Since Woo-jin, Mr. Moon, and his assistant are arrested as well, Gang-yong comes to the rescue.
This case is now Gang-yong’s. At the police station, a thug, Dong-yeok, creates a fuss as the others are going to be released, so Gang-yong threatens to expose Dong-yeok’s profile, which will hurt his family. Outside, Gang-yong and Mr. Moon argue, but Gang-yong understands the intention behind Mr. Moon wanting to help, so Gang-yong gives a task to Mr. Moon to get information from Dong-yeok. After release, Dong-yeok visits a massage parlor, followed by Mr. Moon and his assistant. In the massage parlor, Mr. Moon tortures Dong-yong, who reveals that their leader, Du-seong, gave the order.
Even though Dong-yong didn’t see who was with Adik, he had a picture of the watch the man was wearing. Now, Gang-yong asks his subordinate to find information on the watch. Elsewhere, Min-beom’s assistant is threatened with revealing information about Min-beom’s routine. Mr. Lee uses the bloodhound’s platform to hire someone to drug Min-beom. Before Min-beom arrives, a woman drugs the bartender. As Min-beom arrives, the woman has drugged Min-beom’s drink. Now, Min-beom drinks his whiskey.
Bloodhounds (Season 2) Episode 4 Recap:
The episode opens with Min-beom hallucinating after consuming the drugs. Soon after, Min-beom is taken to a hospital where the doctors tell the gang that Min-beom may never recover and may also need a liver transplant. The doctor also says he thinks drugs could be in the bloodstream. Elsewhere, Mr. Moon is talking to Du-yeong, who enquires how the boys are doing.
The group now enters the hotel where Min-beom was drugged and finds the bartender tied up. They review CCTV footage and see the girl kissing the bartender. Now, Mr. Moon takes the girls’ photograph. The bartender reveals that Min-beom’s assistant knew of Min-beom’s arrival at the bar, but no one else did.
From the bartender’s account of the night, Mr. Moon realizes the drug is some sort of truth serum. The group split into two to follow some leads. Just then, Gun-woo gets a call from Baek-jeong, warning him that if Gun-woo does not fight Baek-jeong, then everyone around Gun-woo will be in danger. Now, Mr.Moon and Gun-woo head to a gay bar to get information. The owner introduces the drug distributor to the two men. The man knows the girl who drugged Min-beom- her name is Gi-na.
What happens when Gang-yong visits Yun’s hideout?
The man also helps Mr. Moon and Gun-woo by telling them where Gi-na works. In the assistant’s house, Gang-yong and Gun-woon learn the reason why Mr.Cho (the assistant) betrayed Min-beom. Mr. Cho also reveals how the three men who came to his house looked. The unfortunate issue is that Mr. Cho revealed to the Baek-jeong gang where Gun-woo is residing.
The group meets in a hotel to come up with a plan. Now, Gang-yong introduces his colleague Lee Woo-jeong, who will help in investigating the case. They learn from the watch photo that the owner is a former Special Forces officer, and Yun-Yun’s specialty is explosives and the muscle of the group. After that, Gang-yong maps out the information they have on the Baek-jeong gang.
The plan is for Woo-jeong to check CCTV footage, Gang-yong and Woo-jin to visit Yun’s mother’s house, Gun-woo and Mr. Moon to track Gi-na. In the hospital, Min-beom tries to fight everything happening in his body without sedatives. From Yun’s mother, they learn Yun is in touch with them, and Yun’s daughter reveals that Yun visited them last week. From the CCTV footage, Woo-jeong spots the unknown member, Mr. Lee.
During this time, Min-beom calls Gang-yong to say he is recovering. The gang meets at the location where Gi-na works. Now, Gun-woo and Mr. Moon will go into the gambling den, Woo-jin will take the fire escape, and Gang-yong will keep a watch on the building. When Gi-na spots Mr. Moon, she screams, saying they are the police.
The criminals start to attack Mr. Moon and Gun-woo while Gi-na escapes from the fire escape. In the gambling den, Gun-woo takes down the thugs. Outside, Woo-jin knocks Gi-na unconscious. Now, Gang-yong uses Gi-na’s phone to scan a QR code that helps Tae-yeong hack the phone. They find out that Gi-na met the person who gave her the job in a hotel. Tae-yeong calls the reception and learns that Yun lives in the penthouse as a long-term customer.
During this time, Baek-jeong has a meeting with the investor. Later, the phone rings to inform Baek-jeong about the call from the police. The police are on the way to the hotel. Inside the hotel, Yun plants a bomb, and everyone escapes. When the police get there, Gang-yong realizes there are bombs in the vases. Immediately, he asks the team to back off. The bomb explodes as Gun-woo watches from below. Now, Baek-jeong calls Gun-woo annoyed, as Gun-woo is unwilling to fight. This time, Gun-woo asks Baek-jeong where they can meet.
Bloodhounds (Season 2) Episode 5 Recap:
The episode opens with Gang-yong in the hospital. Watching the news about Gang-yong, Min-beom is enraged. Suddenly, Woo-jeong makes a conference call where he learns Gang-yong is unresponsive at the moment, and Mr. Moon is with Gi-na in a repair shop. Elsewhere, Min-beom asks Director Kang to give him an NIS agent to kill the one who ordered Gi-na to drug him. Meanwhile, Mr. Moon and Woo-jin are not having any luck with getting Gi-na to reveal any information.
Soon Woo-jeong arrives and gets Gi-na to talk. Gi-na reveals she has known Mr. Lee for three years, but he does not answer her calls, and they communicate through texts. So, Woo-jeong takes Gi-na to the hotel they are staying in so she can get in touch with Mr. Lee. Furthermore, Gi-na gives Woo-jeong the drug she used on Min-beom. At the hotel, Gun-woo cries with guilt over everything that has happened. So, Woo-jin comforts Gun-woo, saying the family always protects each other.
Can Gun-woo defeat Baek-jeong?
Meanwhile, Baek-jeong picks two great fighters to fight against Gun-woo. At the hotel, Tae-yeong tells the others that the IKFC has made an announcement that Gun-woo will be fighting that Thursday. At the hospital, Gang-yong wakes up, and the doctors say that Gang-yong has a hairline fracture on his frontal lobe and he needs to rest as long as possible.
However, Gang-yong ignores it, calls Gun-woo, and reaches the hotel. The plan now is for Woo-jeong and Gang-yong to follow Mr. Lee, and Woo-jin and Mr. Moon to deal with Yun’s family. Later, Gi-na gets a message from Mr. Lee. So, Gi-na arrives at the café, followed by Gang-yong and Woo-jeong. From the opposite building, Mr. Lee notices this and asks a hitman to kill Gi-na.
As planned, Gi-na is killed. It’s Thursday night, Gun-woo reaches the location Baek-jeong has asked him to come to. At the place, Baek-jeong asks Gun-woo to fight two others first. The match is streamed live, and everyone at the hotel is shocked as they see Gun-woo fight. In the first fight, Gun-woo takes down the opponent with one blow.
The second fight is over easily. Now, Baek-jeong comes to the cage. Despite Gun-woo’s best efforts, Gun-woo loses. By then, noticing the location name, Gang-yong has sent the police to the location. Even when Gun-woo is down, Baek-jeong wants to hit Gun-woo, but is asked to leave as the police have arrived.
The police have also put Baek-jeong on the wanted list. Soon, Gun-woo wakes up in the hospital. Woo-jin tells Gun-woo that they all either live together or die together. In the future, they need to stick together. The cops have Baek-jeong’s history. Before IKFC, Baek-jeong was a champion for 17 matches, but he was defeated once.
Because of that, Baek-jeong attacked the referee and was put behind bars. Elsewhere, Baek-jeong has a meeting with the investor who is willing to buy 51% of the shares of IKFC with two conditions: in the next match, Baek-jeong needs to lose to Gun-woo, and Gun-woo should sign a contract to fight for three consecutive years. This angers Baek-jeong, who cancels the deal. Just then, Mr. Lee tells Baek-jeong that he needs to leave Korea since he is on the wanted list. However, Baek-jeong asks the men to kidnap So-yeon and have a fight to the death with Gun-woo.
Bloodhounds (Season 2) Episode 6 Recap:
The episode opens with a meeting to decide Baek-jeong’s escape plan. It’s going to take time to get Baek-jeong out of the country, so Mr. Lee suggests hiring S-class bloodhounds to kidnap So-yeon. One of the bloodhounds will be In-beom. Suddenly, Yun gets a call saying his daughter is in the hospital, so Yun rushes there. In the hospital, Gang-yong and his men are waiting.
Now, Yun agrees to help the cops in exchange for his family’s protection. Currently, Yun gives them the identity of Mr. Lee, saying Baek-jeong will be going to Thailand with So-yeon. The reason Baek-jeong is going to such lengths is that the fans of IKFC were rooting for Gun-woo instead of Baek-jeong. So, Baek-jeong wants to have a death match.
Elsewhere, Min-beom meets Gang-yong to get information about Baek-jeong while letting the NIS agents listen in on the conversation. Now, Min-beom is clear that he wants to kill Baek-jeong, but Gang-yong is against the idea. In the hospital, Woo-jin tells Gun-woo that his father knew the coach who taught Baek-jeong, so it might be a good idea to learn from that coach to defeat Baek-jeong.
Meanwhile, Gang-yong hires Han-gu from the crime unit to help arrest Baek-jeong. Thanks to Yun, they get information that Baek-jeong will be visiting the doctor to get his stitches removed. So, the plan is to arrest Baek-jeong there. As planned, they enter the clinic, but Baek-jeong hurts a lot of the officers. Eventually, tasers help in capturing Baek-jeong. Meanwhile, Mr. Lee wonders why he should continue the job as Baek-jeong is arrested and asks Allen to send 5 Bitcoin coins.
After that, Mr. Lee asks bloodhounds to save Baek-jeong. The police car is stopped, and bloodhounds attack everyone. Everyone is down. Baek-jeong uses the chance and hits Gang-yong to escape. Seeing Yun fight alongside the cops, Baek-jeong kills Yun. Meanwhile, the S-class bloodhounds take down the security in the hotel. So, Woo-jin fights the bloodhounds. When In-beom is choking Woo-jin to death, So-yeon volunteers to go with them.
Bloodhounds (Season 2) Episode 7 Recap:
The episode opens with Min-beom visiting the hospital to learn that Gang-yong is having surgery because of a brain hemorrhage. At the same time, Woo-jin tells Gun-woo about So-yeon’s kidnapping. Elsewhere, Du-yeong gets a message from Mr. Moon asking for his help. At the police station, the chief does not offer protection for Yun’s family.
So, Woo-jeong calls Gun-woo, asking if Yun’s family can stay with him. Meanwhile, Min-beom meets with the NIS agents who ask Min-beom to make a deal with Baek-jeong, offering 100 million won each, and the winner takes it all. This will be a fight between Baek-jeong and Gun-woo. Later, Gun-woo meets Mr. Moon, who tells Gun-woo that he has sent his friend in place of Mr. Moon, who can help the boys. Soon, Yun’s family stays with Woo-jin and Gun-woo. A while later, Min-beom tells Gun-woo about the idea of a fight. That night, Du-yeong visits the boys. It is revealed that for the last four years, Du-yeong has become a bloodhound to make a living.
What deal does Min-beom make with Mr. Lee?
The same is then relayed to Woo-jeong, who tells Du-yeong about the doctor they had to release, but may have information about Mr. Lee. That night, Du-yeong visits the doctor, tortures him, and gets the information. Meanwhile, Baek-jeong is ready to escape Korea, but Mr. Lee spots NIS agents everywhere. Now, Min-beom calls Mr. Lee’s burner phones and asks to talk to Baek-jeong.
At this time, Woo-jin requests to have a two-on-two match with Baek-jeong and In-beom. To Baek-jeong, Min-beom proposes the idea, but Baek-jeong refuses to invest money and asks Min-beom to transfer the amount in bitcoin to Baek-jeong. When Min-beom refuses, Baek-jeong threatens to kill So-yeong, to which Min-beom gives permission.
This riles up Baek-jeong, but Mr. Lee promises to sort out the issue. Now, Mr. Lee gives Min-beom another deal: transfer the bitcoin 2 hours before the match. So-yeon will be escorted to the venue. If they lose, So-yeon will be released. If they win, they’ll take the money, and Min-beom needs to arrange a private plane so Baek-jeong can escape. If there is any funny business, then the deal is off.
Now, Woo-jin and Gun-woo visit Baek-jeong’s coach to learn how to defeat Baek-jeong. The duo is training hard, and so are Baek-jeong and In-beom. The bloodhounds group has called for a meeting at the match venue. The problem is there are three buildings and 100’s of rooms. So, Du-yeong decides to go in alone and rescue So-yeon.
Meanwhile, Woo-jin has a plan to enter the cage with Baek-jeong and damage his eye so it is easy for Gun-woo. Now, Gun-woo reveals that they use metal knuckles, and this time, Gun-woo is going to use them as well. At the hotel, Tae-yeong has access to Min-beom’s bitcoin QR code so she can use it later to track Baek-jeong’s money. At the venue, Mr. Lee gives the bloodhounds different locations to man when the fight begins. It’s the day of the match, and all the bloodhounds are in their place.
Bloodhounds (Season 2) Ending Explained:
Min-beom’s bitcoin wallet is checked, and they are satisfied. As soon as this happens, Tae-yeong gets access. As everyone is getting ready to fight, Du-yeong starts attacking the bloodhounds to find So-yeon. In the cage, Woo-jin struggles but finally manages to hurt Baek-jeong’s eye. Next, Gun-woo and In-beom fight, and In-beom is a beast. Despite taking some punches, Gun-woo defeats In-beom and also breaks his knuckles. Meanwhile, Du-yeong is wounded because of all the knife fights.
However, Du-yeong realizes So-yeon is in another building, so Du-yeong informs Woo-jeong. In the cage, Baek-jeong and Gun-woo are evenly matched. However, Gun-woo is on the ground, and Baek-jeong repeatedly hurts one of Gun-woo’s shoulders, so he can’t use this hand. In another building, Woo-jeong finds So-yeon, but Mr.Lee holds a knife to So-yeon’s neck. Still, Woo-jeong aims perfectly and shoots Mr. Lee dead.
In the cage, Gun-woo jabs at Baek-jeong’s hurt eye and takes him down. Now, Gun-woo damages Baek-jeong’s strong hand’s shoulder. After that, Gun-woo defeats Baek-jeong. Just then, Woo-jeong’s colleagues enter and arrest the gang. Now, Woo-jin, Gun-woo, and So-yeon are reunited. The police take the criminals away, but the police car comes to a halt.
The two NIS agents shut the car lights using a device and kidnap Baek-jeong. Then, Min-beom gets a picture of a bruised Baek-jeong and an update on the bitcoin reroute to his wallet. That night, Gun-woo has nightmares that wake up Woo-jin. They decide to eat ramen. As they eat, they decide to become stronger to take down bloodhounds. In the post-credits, we see NIS agents asking Baek-jeong to reveal his contact from Bangkok. Once Baek-jeong reveals that, the NIS agent reveals the contact is bringing illegal drugs to Korea, so Baek-jeong needs to become a bloodhound for the NIS.
In the end, Gun-woo and Woo-jin, along with their allies, defeat the illegal underground boxing group IKFC. It seems like In-beom is dead. Gang-yong will surely recover as he is having surgery. Du-yeong is severely hurt but can be treated, so he survives. At the last minute, Yun switches sides and dies in the hands of Baek-jeong, but his family is safe.
Min-beom probably made a deal with NIS agents to get Baek-jeong killed, but the NIS had different plans to use Baek-jeong to their benefit. It seems like Min-beom is unaware of that. Along with great fights, the second season embraced unlikely relationships. A cop working with a loan shark, a boxer, and a bloodhound works together. There were some interesting dynamics to reach the same goal. The last conversation between Woo-jin and Gun-woo probably hints at a third season.
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