Talion eventually chooses to give up the ring for Celebrimbor, so that they might get stronger and eventually take it back. ... With the New Ring back in their hands, Celebrimbor and Talion start recruiting orcs to take over Sauron's fortresses.

What happened to Celebrimbor's Ring?

In a final battle, Celebrimbor used the Ring's power to defeat Sauron. However the Ring wanted to return to the Dark Lord, and so it slipped off of Celebrimbor's finger and onto Sauron's, breaking Celebrimbor's control over his orc army.

Does Talion have the One Ring?

Talion on a Caragor Talion and Celebrimbor forge a new ring for Talion to use, a pure ring that is not corrupt. Celebrimbor, however, is captured by the spider Shelob, and she forces Talion to give her the ring so that he can save Celebrimbor.