I want last two category for sh404SEF URL category prefix for items
But there is only two options
1.all category's
2.last one category

Any one please help to
How can I do this to get last two category's as prefix for items in sh404sef URL

Unfortunately Saju this cannot be done.
You can map your content in menu items if you want to change your URLs.

Thanks for you reply sir

I just want to say to that if possible try to add a option for the above asked function in the future versions...
It will be very helpful for some like me...

You can post this a feature for the 3 version.
github.com/joomlaworks/k2-v3-dev-build