"I galloped him with Brighton before Brighton won at the Counties meeting and I
wasn't 100 per cent happy how he pulled up," trainer Nigel Tiley said."I got him checked out and they couldn't find anything wrong so I galloped him again last week and Derek Nolan, who rides him every day, said there was something wrong.
"We sent the horse down to Matamata and scintigraphy tests showed a hot spot in his fetlock. We had him x-rayed yesterday, you have to wait two or three days to do that, and it showed a stress fracture.
"He'll have box rest for two or three weeks and then a couple of months off to let everything settle down.
"That's racing and it happens, but we've still got the horse and we'll look forward to his four-year-old season."
Demonetization has won three of his four starts, including the Gr.2 Auckland Guineas (1600m) at Ellerslie on New Year's Day.
Meanwhile, the news around his unbeaten stablemate Melt is all positive.
"She's been back in work for two weeks and she'll probably have a quiet trial at Avondale on February 27 and then on to the Gr.1 Sistema Stakes," Tiley said.
Melt won the Listed Ashford Lodge 2YO Stakes (1100m) at Pukekohe on debut before she beat Saturday's Gr.3 Phoenix Park 2YO Classic (1200m) winner Bit Lippy in the Gr.3 Eclipse Stakes (1200m) at Ellerslie. – NZ Racing Desk.
