Ivan Grozny is not certain to take his chance in the JCB Triumph Hurdle at Cheltenham next month.
The Graham Wylie-owned juvenile was placed in a Group Three in France on the Flat and carried a tall home reputation into his hurdling debut at Leopardstown over Christmas.
He was narrowly beaten by Aidan O'Brien's Plinth but made no mistake at Naas three weeks later when winning by 12 lengths, and was all the rage for Cheltenham afterwards.
Sent off the odds-on favourite for a Grade One at Leopardstown last week he was a well-beaten fourth, with trainer Mullins unable to offer up any excuses.
"All my horses that ran at Leopardstown came back absolutely fine," said Mullins.
"Ivan Grozny was perfectly all right when he got home, that's maybe just as good as he is.
"He ran basically to the same form as his debut when he was just beaten by Plinth yet this time they were third and fourth, well beaten.
"We'll have to see now if he runs in the Triumph."