- "Because I know you will do anything to save an innocent man's life."
- —The Hood talking to Laurel
Oliver still hasn't figured out how to get back into Laurel's good graces; however, after a late-night bonding session with Thea, Oliver receives the inspiration he needs. Looking into a suspicious murder case, Oliver realizes an innocent man, Peter Declan, was framed by one of the targets on his list. As The Hood, he asks Laurel to help prove Peter's innocence. Meanwhile, Walter asks one of his employees, Felicity Smoak, to look into a $2.6 million withdrawal that Moira made without his knowledge.
John awakens in Oliver's hideout, where Oliver offers John a chance to fight at his side and help Starling City. John turns him down, labeling him a murderer. Later, while watching the news, Oliver discovers a connection between Peter Declan, a death row inmate, and Jason Brodeur, one of the men on The List. In his Hood persona, he enlists the help of Laurel to prove Peter innocent before he is executed. Working together, the pair uncover the truth, but Jason has his bodyguard stage a prison break so that he can have Laurel and Peter killed before the truth is revealed. Oliver sneaks into the Iron Heights Prison dressed as a guard, with a ski mask to hide his face, and saves Laurel and Peter. Peter's supervisor Matt Istook ultimately confesses to Peter's innocence. John meets with Oliver and agrees to work with him so that he can both protect the city and keep Oliver from losing his humanity. However, Detective Lance arrests Oliver on suspicion of being The Hood, after seeing footage of him recovering his disguise from a garbage bin before the recent Deadshot confrontation. Meanwhile, Walter discovers that Moira has been keeping the salvaged and sabotaged family yacht hidden in a warehouse. Malcolm also calls a meeting with Moira, having discovered The Hood was not targeting the rich, but The List.
- Stephen Amell as Oliver Queen/The Hood
- Katie Cassidy as Laurel Lance
- Colin Donnell as Tommy Merlyn
- David Ramsey as John Diggle
- Emily Bett Rickards as Felicity Smoak
- Willa Holland as Thea Queen
- Susanna Thompson as Moira Queen
- Paul Blackthorne as Quentin Lance
- Colin Salmon as Walter Steele
- Annie Ilonzeh as Joanna De La Vega
- Roger Cross as Lucas Hilton
- Byron Mann as Yao Fei
- Christie Laing as Carly Diggle
- Lane Edwards as Peter Declan
- Elle Buckle as Camille Declan
- Genea Charpentier as Izzy Declan
- William Vaughan as Rob Scott
Preparation ran from July 31 until August 9, 2012. Shooting ran from August 10 until August 21, 2012.
- Oliver mentioned Blüdhaven, referencing a city in the comics. It temporarily served as the home and base of operations for Nightwing.
- Peter Declan was held in Iron Heights Prison, a prison located near Keystone City, the Golden Age Flash's base of operations in the comics.
Behind the scenes
- Originally the episode was titled "Salvage".
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