The Brown-Ravenhall operator was initially proposed as an alternative to describe the fermion-fermion interaction via Coulomb potential and subject to relativity. This operator is defined in terms of the associated Dirac operator and the projection onto the positive spectral subspace of the free Dirac operator. In this paper, we propose to analyze a modified version of the Brown-Ravenhall operator in two-dimensions. More specifically, we consider the Brown-Ravenhall operator with an attractive potential given by a Bessel-Macdonald function (also known as $K_0$-potential) using the Foldy-Wouthuysen unitary transformation. The $K_0$-potential is derived of the parity-preserving ${rm QED}_3$ model as a framework for evaluation of the fermion-fermion interaction potential. We prove that the two-dimensional Brown-Ravenhall operator with $K_0$-potential is bounded from below when the coupling constant is below a specified critical value (a property also referred to as stability). As by product, it is shown that the operator is in fact positive. We also investigate the location and nature of the spectrum of the Brown-Ravenhall operator with $K_0$-potential.
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