How Thanos Returned in Squid Game Season 3: The Real Story, Explained

Thanos, aka Player 230, returns in Squid Game Season 3 through a hallucination experienced by Player 125 (Min-su).
His image appears during the final game, triggered by drug-laced pills hidden in Thanos’ necklace. This psychological ambush leads to Min-su’s death and shifts the outcome of the Sky Squid Game. His legacy haunts multiple characters and drives their actions, despite his death in Season 2.

Search Query Target Answered Below
Why did Thanos return in Squid Game S3?
What episode does Thanos appear in Season 3?
What was in Thanos’ necklace?
Who hallucinated Thanos in Squid Game?
What triggered Min-su’s breakdown in the final game?
Was Player 230 actually alive?
Who killed Nam-gyu and why?

Was Thanos Really Back? Here’s the Truth

No, Thanos (Choi Seung-hyun, a.k.a. Player 230) was not resurrected. But Squid Game Season 3 used his legacy to weaponize memory.

He appears in Episode 8 during the final challenge — not physically, but as a vivid hallucination. Player 125, Min-su, sees him dangling off a cliff edge, asking for help. That vision sets off a fatal spiral.

The twist? The hallucination wasn’t random. It was chemically induced.

What Was Inside the Cross Necklace?

The necklace Thanos wore throughout Season 2 was more than symbolic. It held psychedelic pills that enhanced reaction time and aggression. After Thanos’ death, Player 124 (Nam-gyu) recovered the necklace and became addicted.

Nam-gyu’s death chasing the necklace over a bridge? Direct consequence of withdrawal. When Min-su took the same pills, he spiraled into paranoia and hallucinations — seeing Thanos and Nam-gyu taunting him just before he was eliminated.

The Final Game Wasn’t About Strength. It Was About Sanity.

In the Sky Squid Game, three players had to die across three platforms. As the group debated who should jump, Min-su’s erratic behavior stood out.

He wasn’t reacting to the group — he was seeing ghosts. First Thanos, then Nam-gyu. Both urged, mocked, and lured him to his death. The other players didn’t see the visions. They saw a liability.

They attacked. Min-su was the first to fall.

Thanos’ Legacy Controlled Everyone

Even in death, Thanos dominated the game:

  • Nam-gyu mimicked his style and brutality after taking the pills.

  • Myung-gi (Player 333) adopted his tactics during the hide-and-seek massacre.

  • Se-mi’s appearance in Min-su’s hallucination — another death linked to Nam-gyu’s downfall — sealed the collapse of Thanos’ squad.

The show made it clear: the dead don’t leave Squid Game. They haunt it.

FAQ: Quick Answers for Snippet Pulls

Did Thanos really return in Squid Game Season 3?
Not physically. He returned as a hallucination triggered by psychedelic drugs.

Who hallucinated Thanos?
Min-su (Player 125) saw Thanos in Episode 8 during the Sky Squid Game.

What was inside the cross necklace?
Psychedelic pills that enhanced performance and caused hallucinations.

Is Player 230 alive?
No. He was killed in Season 2. His memory impacts major Season 3 events.

Why did Min-su die in the final game?
Because he was hallucinating Thanos and Nam-gyu. Other players saw him as unstable and eliminated him first.

The Return Was Psychological Warfare

Thanos didn’t need resurrection. His impact was systemic, chemical, and strategic. Squid Game Season 3 didn’t bring him back — it showed what happens when a legacy is more dangerous than the man.

You weren’t watching a comeback. You were watching a ghost weaponized through trauma.

William Reid
A science writer through and through, William Reid’s first starting working on offline local newspapers. An obsessive fascination with all things science/health blossomed from a hobby into a career. Before hopping over to Optic Flux, William worked as a freelancer for many online tech publications including ScienceWorld, JoyStiq and Digg. William serves as our lead science and health reporter.