Mike Prince, who Chuck believed was his ally, makes a secret "take-it-or-leave-it" offer to Axe. Prince offers $2 billion to buy all of Axe's holdings, including Axe Capital and Taylor Mason Carbon.
Watch the high-stakes confrontation between Chuck and Axe as the walls close in: [S5E12] No Direction Home
The tension builds toward a public surrender, but the episode reveals a secret maneuver occurring behind the scenes: Mike Prince, who Chuck believed was his ally,
In the final moments, Chuck enters Axe's old office only to find Mike Prince sitting in the chair. Prince has officially usurped the "King". who Chuck believed was his ally