Well, a 'fall from grace real story' often involves someone who had a lot going for them. For example, a public figure might have had a successful career, a great reputation, and a large following. But then, they could have made a big mistake, like getting involved in a financial fraud or a public scandal. This would cause their public image to crumble, and they would fall from grace. It's a sad but common occurrence in society.
One main element could be a mistake or a series of mistakes. This might be something unethical like lying, stealing, or cheating. For example, if it's a corporate executive, they might lie about financial statements, which is a big mistake that can start the fall.
It's hard to say for sure. It could be inspired by real-life situations but transformed and embellished for the sake of the narrative. Maybe some parts are true, while others are made up.