You assume there's even a 'down there' for it to be in.

[As if to prove her point, Vie pulls a scarf from her belt and drops it over the edge. The scarf falls perhaps three feet before vanishing.]

That, is what happened to me. I died. Either Asha's bracelet is back in the Keep, or on the grounds, returned like I was, or it's... gone.

[There is no way she's risking anyone she loves going down there after it.]