The 29 year old Striker, returned to the Dark Blues of Falkirk after being released by mutual agreement from Dundee today.
Rory Loy joined The Dark Blues on a three year contract from Falkirk in the summer of 2015 but fell out of favour with Paul Hartley at the start of last season. Loy spent the latter half of last season out on loan to St Mirren and helped steer them from regulation.
Rory played for the Dark Blue of the Dee 50 times and scored 13 times.
Loy started his career at Rangers, then loan spells at Dunfermline and St Mirren before ending up signing for Carlisle United in 2011. In 2013, Loy switched to Falkirk, his first game as a trialist against Forfar where he netted twice and went on to score his first hat trick (for Falkirk) in a 5 - 0 game against Cowdenbeath in 2014.
He stayed with the Bairns for a further two season where he played 60 games and scored 29 times.
Loy signed a pre-contract agreement with Dundee on 23rd February, and scored twice on his debut for the Dark Blues in a 4 - 0 away win against Kilmarnock.
"When I heard Falkirk were interested in bringing me back, there really was only one option. I can't wait to get started," Loy told the club website.
"I am thrilled to be able to bring a player of Rory's quality back to the club" Peter Houston said.
"I was disappointed to lose Rory two years ago so when it became apparent that he may well be available I was determined not to lose out and to bring him back."
Loy joins Falkirk on a two year deal.