Fairytale: Little Red Riding Hood
Fairytale author: Charles Perrault
Odds: Unlikely

The original Little Red Riding Hood had no Woodsman who saved the day, Perrault's original fairytale ended with a happy, well-fed Wolf. It was the Brothers Grimm who added the Woodsman and made the story a bit more age appropriate. The Fables universe reinvents the Woodsman as a washed-up schlub, his glory days long behind him, drowning his sorrows in booze and women. The Woodsman is the obvious suspect; he is caught battering Faith, and it certainly doesn't look good when she turns up dead. Woody, however, is more of a loser than a schemer, and ritualistic beheadings don't seem like his bag, Whoever the murderer is, he definitely hates women and definitely has an axe to grind, but it's probably not a lumber axe.