“The Young and the Restless” spoilers for Monday, June 23, reveal Cane Ashby makes a bold move as he reveals his true identity and presents an intriguing offer to Victor Newman. He lays his cards on the table, but will The Mustache give him what he wants?
Lily Winters is left reeling after discovering Aristotle Dumas is actually her ex-husband. As the truth sinks in, painful memories come rushing back to haunt her. Will the two be able to put the past behind and make peace?
Meanwhile, the rest of the guests have so many questions for Cane, who urges them to stay in France longer. What chaos does he have in store for them?
‘The Young & the Restless’ Spoilers: Cane in Hot Seat After Big Reveal
Cane’s big reveal puts him in the hot seat as his shocked guests wonder what he’s really up to. “The Young and the Restless” spoilers say he declares he’s retiring Dumas and will go by his real name now.
Victor is done with Cane’s charade and demands they talk in private. As the two walk away, Phyllis asks Amanda if her client is going back to Genoa City.
Meanwhile, the Abbotts wonder what is Cane’s endgame. Billy assumes he wants full control of Chancellor, but Jack suspects there’s more to it than that.
Later, Sally pulls Billy to the side and suggests they go home and have Abbott Communications break this huge story. But Billy believes there’s more going on so they need to stay.
Victor Rejects Cane’s Offer

In the garden, Victor tells Cane to cut the bull and asks what he wants from his family. “The Young and the Restless” spoilers say The Mustache is reminded of Cane’s father, Colin, who’s known for deceiving people.
Cane tells Victor his father died six months ago. While Victor feels sorry for his loss, he can’t help but wonder how many people they have stiffed to build his so-called empire.
Cane explains they saved money and invested in crypto, adding that their businesses are legit. Victor finds it impressive that Cane amassed such a fortune in such a short period of time.
But Cane isn’t done expanding his empire. “The Young and the Restless” spoilers say he makes Victor a tempting offer. Cane’s willing to give up the businesses under Dumas’ name on one condition: he wants control of Chancellor.
Victor is not falling for it and tells Cane it “ain’t gonna happen.”
‘Y&R’ Spoilers: Lily is Furious

In their train car, Lily is furious upon learning Dumas is actually Cane. She insists she never would’ve come if she’d known the truth. “The Young and the Restless” spoilers reveal she brings up their last encounter when she refused to let Colin see the kids, reminding Cane that his father stole Devon’s fortune.
Damian and Devon suggest they go back home, but Lily says she can’t just yet. “He’s coming back to Genoa City, I need to know everything he did in the last six years,” Lily insists.
Watch “The Young and the Restless” weekdays on CBS.
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‘Young & the Restless’ Spoilers (June 23): Cane Wants Control of Chancellor – Lily Freaks Out