Laravel :: Best way to update a foreign key

Drop the foreign key then add it again and run migrate.

public function up()
{
    Schema::table('table_one', function (Blueprint $table) {
        $table->dropForeign(['table_two_id']);

        $table->foreign('table_two_id')
            ->references('id')
            ->on('table_two')
            ->onDelete('cascade');
    });
}