In the third episode of "Meiji Gekken: 1874" titled "Hunter," the story unfolds against the backdrop of hardship and survival in a besieged castle. Sumie and Yukino discuss the dire situation of their people, who are suffering from shortages of food and medicine, prompting Sumie to suggest venturing outside the castle walls in search of supplies despite the danger posed by enemy troops. It is decided to seek someone skilled with firearms to aid in this perilous task.

The episode then shifts to the bustling city life, where Shizuma, in search of a missing person, questions the geishas and believes that a unique paper-folding technique might lead him to his target. Along the way, a comedic performance alludes to the historical backdrop of the rebellion and the elusive figure behind it.

The plot thickens with the introduction of characters entangled in the complex aftermath of the Meiji Restoration. A confrontation in the marketplace reveals the tensions among the locals and the shadowy dealings of a group known as the Hunting Club, which is implicated in a series of brutal murders. This discovery triggers investigations by Shizuma and the police, uncovering ties to a larger conspiracy involving high-ranking officials and the darker facets of society.

As the investigations progress, alliances are tested, and motives are questioned. The narrative is interwoven with encounters involving various characters, each harboring their own secrets and agendas. The episode skillfully balances danger and intrigue with moments of human connection and loyalty, exemplified by Hinazuru's resolve for vengeance and the camaraderie among the protagonists.

In a dramatic confrontation, the true extent of the Hunting Club's corruption is exposed, setting the stage for a climactic showdown. The episode concludes with justice left uncertain, yet the repercussions of the conflict leave a lasting impact on the involved characters, hinting at the ongoing struggle between old loyalties and the new order of the Meiji era.