Season 2 began with protagonist Seong Gi-hun (Lee Jung-jae) re-entering the games with the aim of dismantling them from the inside.
Wondering how season 2 ends, and what's next for Gi-hun, his allies and his nemesis, Player 001 aka The Front Man, in the next instalment of Squid Game?
Without further ado, here are all the spoiler-filled details on that devastating Squid Game season 2 ending.
Squid Game season 2 ending explained: Does Gi-hun survive?
However, the series does end on a sad note as Gi-hun's longtime friend Jung-bae (Lee Seo-hwan) is killed by The Front Man before his very eyes.
As the armed Squid Game soldiers come over to scan their tags, the sly rebels commence their ambush, disarming them and attacking with lethal force. Little do they know that The Front Man, aka Player 001, is in their own ranks.
Nevertheless, Gi-hun and Jung-bae do manage to gradually make their way into the backstage area, getting agonisingly close to the control room before everything falls apart.
You see, the rebels have a very limited supply of ammunition, which is bad news as most of them are untrained shooters, meaning a lot of those bullets are going to waste.
Alas, while the player has proven himself to be kind and loyal, the extreme stress of the situation seems to have broken him as he becomes panicked and hysterical, failing to deliver the much-needed supplies.
The shooting continues elsewhere in the compound, with 001 (the disguised Front Man) bringing two other players as reinforcements for Gi-hun and Jung-bae, who are stuck in a stalemate with a gang of Squid Game soldiers.
Under the pretence of helping his friends, Player 001 leads the two unnamed rebels through the compound corridors to outflank their enemies, but sadly, it's at this point that he finally reverts to his treacherous ways.
Out of ammunition, it isn't long before the rebel players are overwhelmed and "eliminated". Player 246 aka Gyeong-seok, who had entered the game to fund medical care for his seriously ill daughter, is among those gunned down.
The consequences for his rebellion are dire, with In-ho proceeding to execute Jung-bae right in front of Gi-hun, who is left in a state of utter anguish and defeat.
Meanwhile, back in the sleeping quarters, Geum-ja convinces Hyun-ju not to fight back against the soldiers restoring order, telling her that it isn't worth giving her life to a lost cause.
Squid Game season 2 mid-credits scene: What's next for Gi-hun in season 3?
This very brief clip is probably taken directly from a season 3 episode, as it appears to depict the beginning of a new game, with players 096, 100 and 353 entering a large room where the two eerie dolls are situated.
This new iteration of Red Light, Green Light may be staged in response to Gi-hun's savvy manipulation of the first, in which he helped an unusually large number of people over the finish line by directing the group's movements.
View oEmbed on the source websiteNow though, with another robot placed on the opposite end of the chamber, this strategy will be unworkable – making the game more deadly than ever before.
Squid Game seasons 1-2 are available to stream on Netflix. Season 3 coming soon.
Check out more of our Drama coverage or visit our TV Guide and Streaming Guide to find out what's on. For more from the biggest stars in TV, listen to The Radio Times Podcast.
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