1. Open the original image, copy one layer, set the foreground to blue, Ctrl+U to adjust the hue/saturation, and check 'Coloring', as follows:
2. Add a layer mask to erase the character.
3. Create a new layer, press Ctrl+Shift+Alt+E to stamp the layer, go to the channel panel, hold down Ctrl to load the red channel, fill it with white, and adjust the opacity according to your picture.