To be in hand means to be stable and controlled, and in this sentence the fire is under control.
Context: Then as I gathered courage to go down I realized there was a fire across the street, but it seems to not be out of control now.
Hypothesis: Then as I gathered courage to go down I realized there was a fire across the street, but it seems to be in hand now.

Given this context, determine if the hypothesis is true (Yes, no, or unknown)?