Dean, if it is a front sump pan, then 99% chance it is in the pan and can be retrieved by draining the
oil. If it is a rear sump or road race pan, then it may be stuck in a baffle or pick up. I would drain the
oil and see if it comes out. I'll bet it does. If not, then you have to pull the pan anyway. It is doubtful you will retrieve it with a magnet, too many things in the way. Good luck!