
I can imagine him wandering Lothric, working as a sellsword, looking for a purpose in life, before meeting his demise on the Road of Sacrifices, probably in the claws of one of those monstrous crabs. I get the feeling that, after whatever made him flee, and whatever he was fleeing from, he became something similar to a masterless samurai. At one time this knight might have worn this armour with pride, but now he’s trying to disguise it, as if he’s ashamed of it. It's much later in the game but there is also a respawning bk in road of sacrifices and catacombs.

Which makes the fact that he’s attempted to hide it with an old, tattered cloak all the more mysterious. covetous gold serpent ring, old rusted coin, rusted gold coin all boost item discovery. The knight would have earned this, or been given it for some special reason. It’s clear this isn’t just a bog standard suit of armour knocked up by a village blacksmith. Take some time to study the armour and you’ll see delicate gold patterns engraved into the black metal. One of those deaths, it seems, was in this stinking swamp. Checking the description for the Fallen Knight set, it describes the former owner of the armour as a member of an order of knights who disbanded and fled, but met untimely deaths. In the Souls series, lore can be uncovered by reading item descriptions.
