What’s the blacked out word? And what’s the story?

PS: Is this what you call irony? Not sure. I always get confused. I’d call it satire. I’d probably be wrong. Oh well.

Cracked by: Ananth, Raghuvansh, Rogi, jowens, apar, Logik, Pawankumar Hegde, Thejas V R, shrik, v.chandrashekar, Dibyo, dineshk, Manish Achuth, krudebox, Bharath, username, Shwetha Maiya and mankuTimma