Well, safe to say that did not go as expected for Tim Tszyu.
Where will he go next?
Hopefully he'll take a bit of a rest to be honest and reassess.
That does not need to be the end of his career. Not by a long shot.
But the road back is full of pitfalls that he would have hoped to avoid.
Thanks for being with us this morning, we'll catch you next time.
It's no understatement to say that this is a crushing blow for Tim Tszyu.
Those US superfights?
Forget it.
Those will not be on the cards for a fair while now.
It's not quite back to square one - the boxing quality and the name that he has still counts for something.
It's hard to see how he can do anything other than come back to Australia and take a fight or two to regain his confidence.
And I don't mean Michael Zerafa - at least not first.
I think he needs a fight that he will win.
Then he can perhaps look at Zerafa.
Then perhaps an undercard fight.
Because the aura of invincibility that Tszyu has built up over such a long period of time has been destroyed.
A very big, very painful and very costly mistake.
"Every time I step in that ring I'm prepared to die in there," Tszyu says.
"The better man won tonight. He was better.
"Boxing's not meant to be perfect.
"You live and learn.
"After the first shot, things didn't go to plan.
"That's boxing, you get hit, things didn't go to plan.
"He's the man."
Here's the champ, speaking through a translator.
"I created some opportunities in training camp," his translator says.
"It was for god's will. If it was Tim or someone else, god will decide who will win this fight."
"We work the same combinations all the time.
"We worked for 10 weeks throwing those combinations."
He is asked whether he has a message for Tim.
"when i landed that first shot I knew how hard it was.
"Nobody can doubt his heart."
He says that he wants to invite Tszyu to work with him.
We can't see or hear what is being said.
There is concern on the face of Kostya.
Nikita looks stunned.
Bakhram Murtazaliev looks pretty surprised that it was so easy.
He prophetically said in the build up that he wouldn't have to hunt Tim Tszyu down.
And he really didn't.
Tszyu's defence was shocking tonight and, against a power puncher, got found out in a big way.
Knocked down three times in the second.
Finally and devastatingly in the third.
Tszyu looks stunned, sitting on his stool in the corner.
My goodness.
Oh. My. Goodness.
I am in shock.
The doctor is having a look at Tim Tszyu - giving the Australian a bit more time at the start of this round. The crowd boos.
Murtazaliev marches forward - and lands with a right.
He tries a cross-right again.
Jab from Murtazaliev.
Tszyu lands a jab and is caught by Murtazaliev.
Big rights from Murtazaliev land on Tszyu's guard, big concussive blows.
Tszyu lands a jab.
I think they have to stop it! That was a horrible knockdown.
"One more time, this fight's over," says the referee.
Tszyu is wobbling all over the ring!