Aghawadda Gold is reported none the worse for his mishap in Saturday's Victor Chandler Chase but is set to bypass the Queen Mother Champion Chase for another race at Cheltenham.
The eight-year-old was at the head of the field for much of the race at Ascot but spoilt his chance by jumping violently to the left, at one point hampering Tony McCoy aboard the eventual winner Nordance Prince.
Headed before the third-last fence, he was looking held when parting company with jockey Paul Carberry at the next obstacle.
But Tadcaster trainer Tom Tate was pleased to be able to give his charge a clean bill of health.
"He's amazingly well and didn't really hurt himself at all," Tate said.
"We've had him inspected and there is nothing wrong although he did knock into himself during the race so I am much-relieved.
"His jumping took me be surprise but it was the first time we had tried him on a right-handed course over fences. I don't think we'll be doing it again.
"Paul is a man of few words but he felt we would have been third or fourth if he had jumped straight.
"However, even the right way round, I don't think he would be quite good enough for the Queen Mother so the two-mile handicap (the Grand Annual Chase) looks the best option."