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
 * 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