After a while they reached a field where there was a hole in the ground. In the hole the girl saw steps, and when they got to the bottom of these, she found herself in the most beautiful palace she had ever seen.

“Now,” said the man, “this palace shall belong to you. I shall be away all day, but shall come back every evening; so you need not be lonely. While I am away you may amuse yourself as you like. Here are the keys; you can explore the whole palace except the room which this key opens; there you are never to go.”

“Very well,” said the girl, “I won’t.”

“Take this ring,” continued the man, putting one on her finger. “So long as the gold remains bright, I shall know you have been obedient. When it is cloudy, I shall know you have opened the door.”

For some days the girl was quite happy exploring the wonders of this underground palace; but little by little she began to want to see what was in the room which was forbidden her; and at last the desire to open that door quite overcame her dread of punishment. She put in the key, turned it, pushed open the door, and went in.

She found herself in a marble courtyard opening on to a beautiful garden. In the middle of the courtyard was a pond, in which was swimming a lovely gold-red fish.

“Oh, I must catch you,” said the girl, and plunged her hand into the water. But the fish bit her so sharply that she withdrew her hand immediately, and then she saw that the ring was covered with blood. She rubbed and rubbed, but the blood would not come off; the ring was stained and cloudy, and sadly she went out, locking the door behind her.

When the man came home that night he found her sad and dejected.

“Ah,” said he, “you have disobeyed me. Let me see the ring.”

She tried to hide her hand, but it was no good. He looked at the ring, and then cut off her head, and put head and body against one of the columns in the marble courtyard.