Gingernuts has had four screws inserted in his fractured near-fore pastern and has come through the surgery well, according to his managing owners Te Akau Racing.
The dual classic winner injured himself in a freak incident when he was cantering slowly to the gates for last Saturday's A$2 million group one Emirates Stakes at Flemington.
He was sent immediately to the University of Melbourne veterinary clinic at Werribee and was stabilised until surgery on Monday.
Gingernuts is expected to remain at Werribee for some weeks yet before he is ready to travel back home for recuperation but a decision on his racing future will not be made for some months.
Te Akau Stud principal David Ellis believes Gingernuts' nature will stand the four-year-old in good stead during his recovery from serious injury.