I believe this is *possibly* referencing to how they're both using the same stage name of Happy. Due to this, someone thought Jaeyoung was Seungmin and tried to drug him with the H-100 drug. This is seen very briefly within Jaeyoung's flashback after the incident first happened. I feel [all speculation as we don't have alot of info] that Seungmin is hunting down the ppl who made H-100 for some reason and in that whole mess Jaeyoung ended up getting hurt in the process from mistaken identity. That is why Seungmin is saying "I'm sorry. You got hurt because of me, didn't you"
However this is all speculation.
I agree with you as well. I feel he might be apart of the drug running ring that Seungmin is trying to hunt down. In the case of the other member, Seungmin did ask the girl who works with Jaeyoung about the member in the photo which could hint towards a connection between the guy who drugged Jaeyoung and Seungmin. In terms of why he drugged Jaeyoung, I unfortunately feel this is heading in the direct of unrequited feelings leading to SA*

“I’M SORRY. YOU GOT HURT BECAUSE OF ME, DIDN'T YOU.”
I miss something?? What does it mean???