By all accounts, the malefactor and his henchmen just stole the Axe of Peril from its illustrious owner and are seeking to fence it for a square maroon gemstone of great power.
Anyone keen on hunting down the villain and his gang will need to set out for the nearby Depth of Unholy Terrors, where a confrontation with its feared guardian, the Lumbering Tunnel Ant is all but a grim certainty.