The loss of natural habitats and their fragmentation caused by human activities pose a great threat to biodiversity worldwide, reducing animal population to small, fragmented patches of natural habitat. In this paper, a metapopulation dynamics of Sericinus montela koreanus, a species of butterfly, was studied for two years by mark-release-recapture (MRR) techiques in the Musimcheon, Cheongju Korea. 2,749 individuals (males: 2,295, females: 454) were marked and released, with 343 individuals (12.5%) recaptured during the MRR experiment. Capture sex ratio and recapture sex ratios was both consistently male-biased. The Jolly-Seber model was used to estimate daily metapopulation size, survival rates, addition rate, and accidental deaths. We urge conservation biologists to consider the local population dynamics of species for the management of metapopulations in fragmented landscapes. In the case of the S. montela koreanus, continuing site protection is essential.