In a twist that’s left even the most seasoned Young and the Restless fans reeling, Holden has finally pieced together the puzzle behind Cane Ashby’s brutal takedown — and the shocking mastermind behind it is someone no one expected.

Cane has spent the last few months grappling with a series of mysterious betrayals, business sabotage, and personal blows that seemed to come out of nowhere. His company deals were crumbling, his reputation was tarnished overnight, and even those closest to him started to turn away. It wasn’t just a streak of bad luck — something darker was at play. And now, thanks to Holden’s relentless pursuit of the truth, that darkness has a name.

Holden, a character previously considered a loyal background figure, has emerged as one of the soap’s most unlikely heroes. His growing suspicions over Cane’s misfortunes drove him to dig deeper. His first clue? A series of anonymous messages sent to Cane’s competitors, perfectly timed to undermine his every move. These weren’t accidents or coincidences — they were orchestrated attacks, planned to precision.

After weeks of collecting digital breadcrumbs and confronting uncooperative insiders, Holden found the smoking gun: a hidden recording and financial trail that leads directly to a familiar face — Colin Atkinson, Cane’s own father.

Yes, the same Colin who once faked his death and disappeared from the canvas has returned, operating in the shadows and seeking vengeance for what he sees as a betrayal by Cane. According to Holden’s findings, Colin blamed Cane for ruining his legacy and cutting him out of key family businesses. But rather than confront his son directly, Colin chose to dismantle Cane’s life piece by piece — through blackmail, manipulation, and quiet influence over key figures in Genoa City.

The reveal came in a stunning scene that aired this week. Holden, armed with the evidence, stormed into Chancellor-Winters during a board meeting and dropped the truth in front of Cane, Lily, Devon, and Jill. The room fell silent as he played the audio of Colin’s voice — disguised but undeniably him — instructing a contact to “burn Cane’s empire to the ground.” Even Lily, who had started to question Cane’s version of events, stood frozen with disbelief.

Cane’s reaction was one of heartbreak more than rage. “He’s my father,” he said quietly. “He said he was done with all this. He said he wanted peace.”

Jill, who once shared a complicated romance with Colin, was furious. “I should’ve known,” she muttered. “He always comes back when there’s something to destroy.”