Exclusive ‘The Young and the Restless’ Spoilers Wednesday, August 12: Nick’s Dangerous Hookup, Nate’s Career Shocker & Cane Exposes Billy Nick wakes up facing the ugly consequences of his night with Marie as Cane sounds the alarm over Billy’s dangerous obsession and Lily pushes Nate toward a life-changing decision. Plus, Lily Winters (Christel Khalil) offers some shocking advice. Cane Ashby’s WarningLastly, The Young and the Restless spoilers for August 12 suggest that Cane will warn Jack Abbott (Peter Bergman) about Billy Abbott’s (Jason Thompson) latest plan. Love Young & Restless? Join our official Young & Restless Facebook group for daily spoilers, recaps, breaking news, and exclusive updates.