But it's still in translation.
Well, he's soul is out, but he still alive.
He's about to be eaten. Though the way they did it seems like "dummy!" moment like a backfire moment, but we'll see soon. The next chapter can play enough of that he's gone for good until the end surprise, or someone will take the fall instead and that will be the farewell from that person, or he will really die to have AHK wanting King still to die but it will do.
So, we will learn soon. I hope it's not the first one for Shounen bait and switch trope, but we'll see. I can't help but imagine the soul will start beating down. Remind me of Vegeto as a chocolate ball beat down.