Let $x,y\in\mathbb{R^n}$ and $K>0$ prove that $$ \frac{2K||x-y||_2^2}{ (1+K||x||_2^2)(1+K||y||_2^2) } <2 $$
What I've achieved so far is:
$$ =\frac{8K||x||_2^2}{(1+K||y||_2^2)^2} $$
I've tried several things like doing a case-distinction on $K$, or using the bounds $(1+Kx^2)^2\geq (1+Kx^2)\geq Kx^2$ But I never get below the bound $2$.

$2K \| x - y \|^{2} \leq 2(1+K \|x\|^{2} )(1 + K \|y\| ^{2})$
If and only if
$K \|x-y\| ^{2} \leq 1 + K (\|x\|^{2} + \|y\|^{2}) + K^{2} \|x\|^{2} \|y\|^{2}$
We have that $ K\|x-y\|^{2} \leq K(\|x\| + \|y\|)^{2} = K(\|x\|^{2} + 2\|x\| \|y\| + \|y\|^{2})$
And $K(\|x\| + \|y\|)^{2} = K\|x\|^{2} + 2K\|x\| \|y\| + K\|y\|^{2} \leq 1 + K (\|x\|^{2} + \|y\|^{2}) + K^{2} \|x\|^{2} \|y\|^{2}$
if and only if $0 \leq 1-2K\|x\| \|y\| + K^{2} \|x\|^{2} \|y\|^{2} = (1-K\|x\| \|y\|)^{2}$
So, we are done.
Note that if $n = 2, x = (1,0), y = (0,1)$ and $K = 1$
Then $ \frac{2K \| x - y \|^{2}}{(1+K \|x\|^{2} )(1 + K \|y\| ^{2})} = 2$ so is not true "<", change "$\leq$" instead