This paper presents the finite element (FE) analysis of double-bolt shear-out (DBSO) fracture failure. The DBSO fracture shape consists of two oppositely: inclined outer main shear fractures, inner main shear fracture, outer shear lips, and curved inner curved fractures. The DBSO begins with two outer main shear fracture initiations under shear, vertical compressive bending, and sideways bending deformations/stresses followed by the two inner main shear fracture initiations under shear and vertical compressive bending deformations. The outer shear lips occurred under vertical compression bending, shear, and sideways tensile bending stresses/deformations while the two inner curved fractures occur under rotational deformation.