Busted!

The program is a Netflix Original that is co-produced with SangSang Company, a Korean production company that is responsible for X-Man, Running Man, and Family Outing. The show is Netflix's first original program to showcase an all-Korean cast. During a press briefing, producer Cho Hyo-jin mentioned that Netflix's goal is to create a hit show for South Korea, which can then be "consumed on the global stage". The show mixes both scripted and unscripted lines.

The first season consists of 10 episodes; two episodes a week were released from May 4 to June 1, 2018. On May 30, 2018, Netflix published a press release announcing the program had been renewed for a second season. All ten episodes were released on November 8, 2019. On February 16, 2020, the show was renewed for a third season. Similar to second season, all eight episodes were released on January 22, 2021. Two weeks prior to the premiere of the third season, it was announced that the latter would conclude the show.