Money Heist 5 Part 2 ending explained: Shocking twists, missing gold and unexpected victories (2024)

Money Heist 5 Part 2 brought curtains down on the Netflix show with an ending that left fans emotional, yet satisfied. Many were glad that the writers managed to connect all loose ends, giving a closure to its characters. But how exactly did the second and final part of the four-year-long running Spanish show end?

Also read | Money Heist Season 5 Part 2 review: A perfect finale to Professor’s most ambitious robbery

The last five episodes, which made its part 2 or second volume, didn’t complicate the story, rather summed up the plot. Tokyo’s death was a trigger point for the gang, but they soon got to business of getting the gold out of the Bank of Spain. While Colonel Tamayo’s attempts at defeating The Professor fell flat, Alicia Sierra finally managed to join hands with the mastermind, considering it was the only way to prove her innocence.

The gold was transferred to the stormwater tank and Benjamin began converting the precious grains to gold bricks. And just when the gang celebrated with “Bella Ciao” one last time, the entire gold is stolen by men dressed as cops who raid the hideout. In a shocking turn of events, it’s revealed that the brains behind ‘robbing the robbers’ is none other than Rafael and Tatiana. Yes, the two became a team after Tatiana left Berlin heartbroken in a flashback sequence.

As the show neared its end, we saw The Professor walking inside the bank, with nothing in hand — not even gold or a back-up plan. But The Professor sans a Plan B will go against the core theme of the heist drama. He has a plan, and this time the plan is beyond any fan theory or expected plot.

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Audience soon get to know that The Professor enters the Bank of Spain, not because he’s ready to surrender. He is there with a master stroke, to negotiate with Tamayo, who’s nabbed all the robbers.

Let’s go back a little. When The Professor ordered to drill out the gold from the bank, he actually didn’t reveal where the final gold bricks would be taken. Point to note is, this was to ensure that even if one member of his group cracks up in front of the cops, they would still be unaware about the final position of the gold. Tamayo tried that with Denver, but the man refused to budge.

And amid all this, the gang releases a video they shot previously of “how to steal gold from the bank”. The viral clip tells the world that Spain’s national reserve has been stolen and its stock markets crash, leaving the economy plummeting.

Money Heist 5 Part 2 ending explained: Shocking twists, missing gold and unexpected victories (2) The characters of Rafael and Tatiana were major game changers in Money Heist finale. (Photo: Screengrab/Netflix)

The Professor returns to action and tells Tamayo — “either both of them win or both of them lose.” For safety of his guys in red jumpsuits, he bargains with the Colonel that in order to save the country’s economy, he needs to publicly say that the police department has rescued gold. Tamayo agrees. Soon, trucks of gold bricks arrive in the bank. But Tamayo realises they are just gold-plated brass. He confronts The Professor, who argues that gold is actually just a psychological concept as no nation buys resources with bars of metal physically. He tells Tamayo that he’d never be able to find gold, suggesting Tamayo to keep the fraud about brass bars a government secret. This would also ensure he becomes a national hero by saving Spain’s economy from collapsing.

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Also read | Squid Game actor Park Hae-Soo on playing Berlin in Korean Money Heist: Hope K-adaptation also receives love

Cut back to the actual missing gold that everyone believed has been stolen in real. Enter Berlin’s son and Sergio’s nephew Rafael, with his now girlfriend Tatiana. Turns out it was them who were in charge of hiding the gold below a house. But since Sergio didn’t want anyone to know where it was, he had given Alicia the duty to find the “robbers” who stole the gold. Alicia used her smartness to uncover the truth and the gold treasure. That’s how The Professor kept the big secret within his family, even if it meant he being unaware about the gold’s whereabouts. Hence the title of the episode “A Family Tradition”.

Money Heist 5 Part 2 ending explained: Shocking twists, missing gold and unexpected victories (3) Spanish show La Casa De Papel streams as Money Heist in English on Netflix.(Photo: Screengrab/Netflix)

La Casa De Papel or Money Heist ends on cops faking the gang’s killing inside the bank. But as soon as the robbers’ “corpses” are loaded in vehicles, all the members come together to celebrate the victory of the heist. Next we see the entire gang reuniting, walking inside a police chopper as they are handed over fake passports by the cops themselves. They managed to not just rob the Bank of Spain, but even received a high-powered escort from the Spanish government.

Also read | Money Heist: Berlin gets a spin-off, here’s when it will release

Alicia comes to bid a final goodbye to her new friend, with whom she bonded in the time of crisis. The Professor hands her a fake passport too, hinting that Alicia along with her newborn daughter Victoria have also received their share and are off to a new life in another corner of the world, away from the wrong accusations against her by the police force. Alicia cryptically whispers to The Professor that she moved the entire house full of gold to somewhere in Portugal. Now the gang has to go and find it out.

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On the side, Sergio proposes to Raquel, and Denver choses to return to Stockholm as Manila happily wishes the two of them. Palermo finally sticks to Helsinki too.

“It didn’t all work out the way we wanted. We’re not all here. But, well, we did achieve something,” says Sergio aka The Professor, in the memory of all their gang members who they lost on way — Berlin, Tokyo, Nairobi, Moscow and Oslo.

Money Heist 5 Part 2 ending explained: Shocking twists, missing gold and unexpected victories (2024)

FAQs

Was the gold fake in Money Heist? ›

However, the show's ending makes this season's rushed pacing worth it, as the Professor and the robbers walk out of the bank of Spain with the real gold unscathed, while 90 tons of gold plated brass replace the national reserve.

What happens at the end of Money Heist season 5 part 2? ›

It ends with an ultimatum: Tamayo threatens to execute the entire gang unless they disclose where the gold is, but The Professor says doing so will doom him (and the entire country) to never find the treasure.

What happened to the gold in La Casa de Papel? ›

He returns the gold but it's just gold-plated brass. Tamayo catches on but they come to an agreement: To calm the public, he will announce the heist is over, the fake gold will stay in the Bank of Spain and they'll fool authorities by fake-killing the red jumpsuit-wearing crew.

Why did Rafael give gold to Professor? ›

Professor writes down a note for the Rafael mentioning that they wanna do it for their grandfather and his father berlin and he will also give them his share of the gold as Rafael had no option because Alicia has already got to know about the gold as well as they have no plan to leave Spain with the Gold.

Who stole the gold at the end of Money Heist? ›

Rafael (Patrick Criado), the Professor's nephew, has stolen the gold, a secret that would surely get them all killed. Money Heist outdoes itself in the end because the exit strategy is to make the Spanish government pull a scam of their own. The Professor returns the gold after all—but it's just gold-plated brass.

Who took all the gold in Money Heist? ›

It is revealed that the gold is stolen by Rafael and Tatiana because she broke up with Berlin in the past to be with Rafael.

Why did Money Heist get cancelled? ›

According to the creator and executive producer, Alex Pina, it was difficult to generate the next season because of the exploitation of the characters. "We've made over 2,000 minutes of fiction with two heists. I think we've exhausted some of the characters' emotional arcs and their arcs of transformation." Pina said.

Who is Berlin's son? ›

Berlin returns in flashback form in the next three seasons, allowing viewers to learn more of his story. The sequences introduce us to some of his five wives. That includes Tatiana (Diana Gomez), who eventually fell for Berlin's son, Rafael (Patrick Criado).

Is Money Heist 6 coming? ›

The short answer is no, Money Heist came to an end with its fifth season and the show's creators have already confirmed that the series will not return for a sixth outing. This may be upsetting for fans to hear but the reason why this is the case is because the creative team wanted to end things on a high note.

Is Professor Berlin's son? ›

The Professor (Sergio Marquina) is a fictional character in the Netflix series Money Heist, portrayed by Álvaro Morte. He is the mastermind of the heist who assembled the group, as well as Berlin's brother.

What is the biggest heist in history? ›

The largest cash heist in global history took place in March 2003, when approximately US$1 billion was stolen from the Central Bank of Iraq, shortly after the United States began the 2003 invasion of Iraq.

Is the Spanish vault a real thing? ›

But what looks like a far-fetched TV plot is actually based on real-life security defenses in place at Spain's central bank. The Madrid-based institution really does have a chamber in its vault that floods with water if bullion raiders should happen to break in.

Who is the real villain in Money Heist? ›

In the captivating world of Money Heist, where the line between hero and villain blurs, one character stands out with his unwavering intellect, enigmatic demeanor, and a vision that transcends the boundaries of conventional morality—the Professor.

What did the note to Berlin's son say? ›

It was never revealed exactly what was written on the note, we do know that it was to let Rafael know that a portion of the gold would be going to him.

Did Tatiana stole the gold? ›

During the Bank of Spain Heist, Tatiana and Rafael worked together to steal the gold from the robbers, but was later tracked down by Alicia.

Did Rafael steal the fake gold? ›

Rafael never stole the fake gold. He stole the real gold.

Did Rafael and Tatiana steal the gold? ›

During the Bank of Spain Heist, Tatiana and Rafael worked together to steal the gold from the robbers, but was later tracked down by Alicia.

Did Berlin's son steal the gold? ›

As Berlin previously told Tatiana the plans of the heist and later denied her his inheritance, Tatiana and Rafael worked together to steal all the extracted gold (90 tons) from the robbers by having a group of people pretending to be police officers.

How much gold is in a Money Heist? ›

The Professor brings out a plan masterminded by Berlin that involves breaking into the Bank of Spain and stealing 90 tons of gold from its most highly protected vault.

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