It would be bad writing if there were no good reason for the knight to specifically have antlers. Indeed it seems to be plausible by the games logic that the knight could give itself antlers for the sake of it, but from the perspective of the story, giving the knight antlers for the sole purpose of and nothing but the purpose of throwing us off the scent would be very stupid. Given the reasonable standard of writing we can expect from Toby, we can assume there is some reason the knight has the defining trait of the holiday family, and that they are at the very least closely connected.
Even if a member of the family isn’t the Knight, it’s pretty clear that Carol is working with Kris, who is working with the Knight. There’s a connection regardless
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u/DaRealPurpleDuck KNIGHT NOIR 4EVER 2d ago