There was some logic to it, but it definitely wasn't the whole truth.
Ray originally intended to keep questioning Perry, but after a moment's thought, he decided it was unnecessary.
What he cared about most was the identity and location of the mysterious ability user. Now that he had dragged the 'man' into the open, did the details of his schemes really matter anymore?
He could just kill him.
No matter how many plots or conspiracies Perry had, what difference would it make once he was dead?