Crossword Genius

Breathing excitedly with run out secured (2,3,3)

Ross

I believe the answer is:

in the bag

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'secured' is the definition.
(I've seen this before)

I cannot understand how the rest of the clue works.

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(Other definitions for in the bag that I've seen before include "You'll find game here" , "As good as secured" , "like cat incapable of ratting?" , "Where mail may be" , "Virtually secured (informal)" .)

I've seen this clue in The Irish Times.
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