A discrete version of the nonlinear collision-induced breakage equation is studied. Existence of solutions is investigated for a broad class of unbounded collision kernels and daughter distribution functions, the collision kernel $a_{i,j}$ satisfiying $a_{i,j} \leq A i j$ for some $A>0$. More precisely, it is proved that, given suitable conditions, there exists at least one mass-conserving solution for all times. A result on the uniqueness of solutions is also demonstrated under reasonably general conditions. Furthermore, the propagation of moments, differentiability, and the continuous dependence of solutions are established, along with some invariance properties and the large-time behaviour of solutions.