In 1238 the monastery was pillaged by the Tatars (Mongols), but the icon was hidden inside the monastery walls. In the year 1470, Prince Simeon Olelkovich of Kiev restored the monastery, and they placed the icon in the church.
The ultimate fate of the icon is unclear. According to one tradition, a descendant of the Chernigov princes, Baryatinsky, carried the icon to Moscow in the year 1579, when Chernigov fell into the hands of the Polish King Stephen Bathory. In 1687, Prince Daniel Baryatinsky was returning from a campaign in the Crimea. At Kharkov he fell seriously ill, and before his death he bequeathed the Elets Icon to the nearby Kharkov Dormition church.
According to another tradition, the icon vanished from the monastery when it was sacked in the seventeenth century by the forces of Sigismund III. In 1676, Prince Constantine Ostrozhsky presented the Elets monastery a copy of the Elets Icon of the Mother of God, brought from Vladimir by the Kozel brothers. Archimandrite Joannicius (Golyatovsky) was at this time restoring the monastery and he described numerous miracles of this icon in his book, "Skorbnitsa" (or "Sokrovischnitsa", i.e. "Consoler" or "Treasury"), published in 1676 in Novgorod.
There is still another Elets Icon of the Mother of God, also appearing in the year 1060. It received its name because it appeared in the city of Elets, in a cathedral church dedicated to the Smolensk Icon of the Mother of God. The feastday of this icon was set for January 11.