Osman Bey believes Sultan Mesud's treasure is the key to ending Yakup Bey's dominance. He tasks Orhan Bey with finding the treasure and Alaeddin Bey with monitoring Yakup Bey. Learning of the treasure, Yakup Bey is determined to claim it for power, setting the stage for a race between the two factions.

As Orhan searches for the treasure, he crosses paths with Holofira, while Mehmet Bey, under his father's orders, plans to seize it, creating tension between him and Orhan. Meanwhile, Alaeddin's surveillance of Yakup leads to a personal moment with Gonca Hatun, where he questions her feelings for him.

Elsewhere, Osman confronts the Sancaksız people for their actions, while tensions rise between Malhun Hatun and Saadet Hatun in the Uc Pazar, where Yakup appoints Cerkutay as patron. Osman and Bala Hatun travel to address unrest, unexpectedly encountering Yakup Bey, who claims the area as Germiyan's property, further escalating their rivalry over power and the treasure.