Cryptic crossword clue
Presumably released from incarceration and did very well 8

The most common and most likely answer to this crossword clue is the 8 letter word EXCELLED

I've seen this crossword clue in Independent
E
X
C
E
L
L
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D

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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does EXCELLED mean?

EXCELLED verb
  1. To surpass someone or something; to be better or do better than someone or something.
  2. To be much better than others.
  3. To exceed, to go beyond

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