Demonetization, one of this season’s most promising three-year-olds, has returned to the Pukekohe barn of trainer Nigel Tiley in preparation for a race day return.

The son of All Too Hard won three of his four starts in his classic season, including a last-start victory in the Gr.2 Auckland Guineas (1600m), and was runner-up in the Listed Eagle Memorial 3YO (1500m) in his only defeat.

Tiley is excited to have Demonetization back in the stable, but is in no rush with the colt.

“He came back into the stable on Tuesday,” he said. “We’ll just give him a nice, long slow build-up and hopefully have him going again in the spring.

“He’s had an injury, so at this stage the most important thing to concentrate on is his rehab. Once we have got him through his first couple of months of long steady work then we will start to look at some targets for him.”