Fed Biz Defection Illustrative of Tough Game

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3:01 pm EDT

By Dick Downey

Fed Biz, after being withheld from Saturday's Grade II San Felipe, is now out of the Kentucky Derby picture altogether.

Initial reports about the reason for skipping the San Felipe were vague, but it's now being reported that an as-yet undiagnosed hind-end issue is to blame.

Bob Baffert told DRF.com today that Fed Biz is going to get some time off. "I'm taking him off the Derby trail,” Baffert told the publication. "I took him back to the track, and he's still not comfortable. I'm going to stop on him. He's got a hind-end issue. We can't find it, but something's nagging him. I'm going to give him some time off."

The son of Giant's Causeway has only raced three times but rocketed to the top of some Kentucky Derby lists with an impressive allowance win over Consulado and others on Feb. 9. He put in a pair of six-furlong workouts at Santa Anita after that, the most recent one coming on Feb. 29.

The development illustrates the twists and turns of Thoroughbred racing. Only four days ago, Baffert tweeted, "Fed Biz went back to track today. Looked good. Maybe Santa Anita Derby or Wood next."

Fed Biz is owned by Kaleem Shah and was a $950,000 Keeneland purchase in September 2010.