Dessie Hughes admits Magnanimity is unlikely to go to Cheltenham after disappointing in Sunday's Hennessy Gold Cup at Leopardstown.
He holds entries in the Ryanair Chase, sponsored by his owner Michael O'Leary of Gigginstown House Stud, and the Betfred Gold Cup next month but plans are now on hold.
"Thank God he's sound. He made a bit of a mistake at the fifth last and then at the next he's done the splits at the back of it and that finished him," said Hughes.
"It's hard to go to Cheltenham now after that. I don't really know what we will do next. I'll leave it up to Michael O'Leary (owner) to see whether we go over there or not.
"It's a shame as he was travelling very sweet up to that point and we were happy with him. He made a really bad mistake and he was nearly on the ground.
"If the other fella (Roberto Goldback) could finish second I'd be convinced he'd have finished close to him if not in front of him."
