Ep. 11: Alex Jenkinson is killed by a suspected Raven assassin, prompting Holmes to investigate land deals and a poster clue.

Alex Jenkinson, a landshark who used aggressive tactics to acquire local property, is shot dead by someone he suspects is a Raven assassin. The next morning, local "Baker Street Irregulars" arrive and pub owner Derrick Barnes confirms Jenkinson's movements. Lupin's gang suspect the assassin also killed Lord Falkner, who was buying up local land. Holmes tells Lestrade and Zenigata that anyone interested in that land has died, and he offers a million pounds reward for the half of Falkner's poster held by Lupin. This prompts numerous bounty hunters to pursue Lupin, including Zenigata, and Lupin lets his half of the poster fall into his hands. Meanwhile, Holmes suspects the assassin also killed Watson and Faulkner, so takes Lily to the location of Watson's murder, hoping to jog her memory, but without success. He returns to investigate Faulkner's Black Drawing Room with Zenigata and is followed by Lily. Holmes encounters Lupin and they both deduce that the poster was a distraction and the real clue lays somewhere in the room. Because Faulkner spent all daylight hours working in the darkened room, they surmise that he was protecting something from the light. Lupin rips down the curtains, and as sunlight fills the room, it hits the spot where the poster was, revealing a Raven symbol before triggering a massive explosion.

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