We demonstrate the magnetically-induced transparency (MIT) effect in Y 3 fe 5 o 12 (YIG)/Permalloy (Py) coupled bilayers. The measurement is achieved via a heterodyne detection of the coupled magnetization dynamics using a single wavelength that probes the magneto-optical Kerr and Faraday effects of Py and YIG, respectively. Clear features of the MIT effect are evident from the deeply modulated ferromagnetic resonance of Py due to the perpendicular-standing-spin-wave of YIG. We develop a phenomenological model that nicely reproduces the experimental results including the induced amplitude and phase evolution caused by the magnon-magnon coupling. Our work offers a new route towards studying phase-resolved spin dynamics and hybrid magnonic systems. Hybrid magnonic systems are becoming rising contenders for coherent information processing 1-4 , owing to their capability of coherently connecting distinct physical platforms in quantum systems as well as the rich emerging physics for new functionalities 5-22. Magnons have been demonstrated to efficiently couple to cavity quantum electrodynamics systems including superconducting resonators and qubits 5-9 ; magnonic systems are therefore well-positioned for the next advances in quantum information. In addition, recent studies also revealed the potential of magnonic systems for microwave-optical transduction 23-29 , which are promising for combining quantum information, sensing, and communication. To fully leverage the hybrid coupling phenomena with magnons, strong and tunable couplings between two magnonic systems have attracted considerable interests recently 30-33. They can be considered as hosting hybrid magnonic modes in a "magnonic cavity" as opposed to microwave photonic cavity in cavity-magnon polaritons (CMPs) 1-3 , which allows excitations of forbidden modes and high group velocity of spin waves owing to the state-of-the-art magnon bandgap engineering capabilities 31,34. The detuning of the two magnonic systems can be easily engineered by the thickness of the thin films, which set the wavenumbers and the corresponding exchange field. Furthermore, in such strongly coupled magnetic heterostructures, both magneto-optical Kerr and Faraday effects can be utilized for light modulation, in terms of light reflection by metals and/or transmission in insulators, respectively. In this architecture, the freedom of lateral dimensions is maintained for device fabrication and large-scale, on-chip integration. To date, both magnon-photon and magnon-magnon couplings are predominantly investigated by the cavity ferromagnetic resonance (FMR) spectroscopy, i.e. microwave transmission and/or reflection measurements, typically involving a vector-network analyzer (VNA) or a microwave diode 5,7-13,30-33,35. Strong magnon-magnon couplings have been observed in yttrium iron garnet (Y 3 Fe 5 O 12 , YIG) coupled with ferromagnetic (FM) metals, where exchange spin waves were excited by a combined action of exchange, dampinglike, and/or fieldlike torques that are localized at the interfaces ...