...no longer loads his wicked axe 100% of the time. You'll find Elyas loading a retooled axe in its place that can be used to unlock a chest in the portal world Braem that has a % chance to load a wicked axe.
(He was ending up farmed recently and that floods the game with high-end, nearly heron-level weapons, which is very undesirable as it devalues all other weapons.)