''The Young and the Restless' spoilers for Feb 1-5: Billy makes an important decision, keeps a huge secret from Victoria

"The Young and the Restless" ("Y&R") will feature Billy (Jason Thompson), Victoria (Amelia Heinle), Phyllis (Gina Tognoni), Jack (Peter Bergman), Adam (Justin Hartley), Barton (Terrell Tilford) and Sage (Kelly Sullivan) in its upcoming episodes that promise more drama and shocking revelations from Feb. 1 to 5.

Other “The Young and the Restless” cast members who will appear this week include Jill (Jess Walton), Cane (Daniel Goddard), Lily (Christel Khalil), Hilary (Mishael Morgan), Dr. Anderson (Elizabeth Bogush), Nick (Joshua Morrow), Luca (Miles Gaston Villanueva), Noah (Robert Adamson), Chelsea (Melissa Claire Egan), Sharon (Sharon Case) and Victor (Eric Braeden). The main storyline of this week’s “Y&R” episodes is all about schemes and second chances.

Spoiler alert! This update contains more "The Young and the Restless" spoilers. Read on at your own risk if you have not watched the latest episode.

TV Guide reports that in "Y&R" on Monday, Phyllis sets up a plan to seek revenge, while Jack asks Adam for a favor. Meanwhile, Barton seeks to find out what’s going on with Sage, and Billy decides on something that will impact his future.

On Feb. 2, Dr. Anderson drops a bombshell on Nick, while Hilary weighs in on her options. Elsewhere, Jill makes an effort to relive the romance between Cane and Lily.

Wednesday’s episode focuses on Sage’s secret slowly unravels, while Adam schemes to trap Luca.

We Love Soaps reports that on Thursday’s episode, Noah gets scared that his secret will come out, while Chelsea compels Adam to make a decision. Elsewhere, Billy struggles to hide something from Victoria.

Wrapping up the week on Feb. 5, Luca plots to take Victor down, while Nick confides in Sharon about something that he has learned. Meanwhile, a familiar face shows up in Genoa City.

Fans are waiting to find out what happens next to Billy came home as a result of his miraculous recovery after the accident. However, as Billy picks up the pieces and move on with his life, he discovered about Phyllis’ business deal with Natalie, and he was told to conceal it from the love of his life, Victoria.

Click here to watch some episode previews from the official YouTube channel of “Y&R.” Click here to check out some sneak peek photos of what will happen this week in the CBS soap opera. “Young and the Restless” airs weekdays in the US on CBS. In Australia, “Y&R” is shown Mondays to Fridays at 12 p.m. on Foxtel’s Arena.