Le Vent D'Antan will not run again this season and will be prepared to go novice hurdling next term.
The four-year-old was sent off 7-1 joint-favourite for the Weatherbys Champion Bumper at Cheltenham on the back of winning his only previous start in impressive fashion at Leopardstown in January.
Trainer Liz Doyle felt the horse's age and inexperience contributed to his defeat, although she was happy with the way he equipped himself for most of the race before fading into seventh behind Briar Hill.
"We were very pleased. He was bang there turning in and I would say with maybe a bit of weakness and one thing or another he didn't get up the hill as well as we might have hoped," said the County Wexford handler, who had future stars Al Ferof and Cheltenian in her care as younger horses.
"Everybody's been comparing him to Cheltenian and he is a very similar type but one big difference was he was four and that horse was five when he won the Cheltenham bumper.
"You are taking on five-year-olds and six-year-olds. You are open to bit of immaturity and I suppose the travel would have taken a small bit out of him, but that wouldn't be an excuse for him being beaten.
"He will strengthen up next year and hopefully he can be competitive at that level.
"He won't run again this year. He'll spend the next month not doing much work.
"We'll school him up and let him enjoy himself for a month. It's too wet to let them out at the minute.
"He'll do gentle work and we'll incorporate some schooling work so he will know his job when he comes back in during the summer."