You've been expelled, %PCName. You must make amends before I'll discuss Guild matters with you.

That information will help a great deal when I take over the Thieves Guild and the Camonna Tong myself. Now who's the "Master Thief," %PCName?

That's too bad, %PCName. We could have worked together. Instead, you'll die alone.

What? You're the Master Thief? Well, why didn't you say so from the start? Tell you what, %PCName, between you and me and Camonna Tong, we've got a good deal here. Let's start by you telling me everything you know about the Thieves Guild operations in Vvardenfell.

I hear you killed the Master Thief. Great work, %PCName. Thanks for taking care of the Thieves Guild for me. Now the only one who can threaten my position...is you. You showed promise, but a bit too much ambition. You will not be missed.

The Master Thief and his second-in-command are in Simine Fralinie's bookstore. Get rid of Gentleman Jim Stacey, the Redguard. He's in charge. I wouldn't mind if you took out his lackey as well. Once you have crippled the Thieves Guild, I will make you the new Guildmaster and retire.

First you need to advance to the rank of Champion.