Light Novel Volume 03

The third Light Novel volume released on January 15, 2014.

Summary
Nearing the end of the Selection Battles, Shizuku Kurogane is scheduled to face on the Academy's strongest Knight, Tohka Todo, in a match ultimately resulting in Shizuku's lost despite her best efforts. By a stroke of coincidence, Ikki and Stella accidentally bumps into Tohka who was carrying loads of documents, deciding to help her. Around then, the duo learns from the Student Council about a giant who has been causing issues at the academy's training camp in Okutama. Interested in the giant, Ikki and Stella agrees to help the Student Council on dealing with the giant, unaware of the shadow lurking behind the giant. At the same time, the Kurogane Family led by Ikki's father once again starts to plot against Ikki.

Chapters
Prologue: Shizuku's Challenge

In her childhood, Shizuku was always forgiven no matter she did, even when she hit other kids or stole their toys. This was always because of her great abilities and talent. This lead to Shizuku despising humans, as they always forgave everything in front of power. However, there was one person who didn't forgive Shizuku. That was her older brother, Ikki Kurogane, who even hit Shizuku and scolded her. Seeing this, the other adults attempted to make Ikki apologize to Shizuku, but he refused. Ikki's actions however, made Shizuku respect and adore her, deciding to follow Ikki for the rest of her life.

Shizuku's selection match is about to begin, as she thinks how she noticed how badly Ikki was being treated by his family, only after he left, which gave Shizuku resolve to give her brother all of the love, he would not receive from others. However, to stand beside Ikki, Shizuku will need to get stronger, and defeat stronger opponents The announcers then introduce Shizuku and her opponent one of Japan's top 4 student knights, who had only been defeated in the semi-finals of the previous Festival by the Seven Stars Sword King himself, the strongest student of Hagun Academy and the president of the student council, who wields the invincible trump card, the third year student "Raikiri" Tohka Todo. As the combatants step on the arena, Shizuku can feel the immense power of Tohka, which makes her even more excited, wanting to show how much she loves her brother, by beating the strongest knight of Hagun.

Chapter 1: Lorelei VS. Raikiri

Chapter 2: Mystery in Okutama

Chapter 3: Worst One Under Siege

Chapter 4: One Slash

Epilogue: 

Afterword

Translation
Baka-Tsuki: https://www.baka-tsuki.org/project/index.php?title=Rakudai_Kishi_no_Eiyuutan:Volume3