For the prompt, since I am not well-versed with common horror stories, I took it more original.

Before the moment of the illustration, the villain - the man who is being captured in the illustration - caused havoc in the city, setting off an explosion making the buildings catch fire. Queue the hero and they both fight it out, the villain being at an advantage because of his trusty knife, and the hero ends up capturing the villain. However, the villain doesn't do his work alone, so there are snipers positioned up in the buildings ready to fire at the hero.

So, after the horror that the villain caused, there is still more horror to come.

The work in progress images are as follows: