The highly sensitive issue has been the topic of some debate since the AFL accepted Watson's decision to relinquish the medal last November.
The unique and devastating nature of the move has clearly tested McLachlan,who refused to even explain in an AFL media briefing on Tuesday how the medal had come to end up in his drawer.
The prevailing view is that the AFL,having reached the view that Watson could not keep the medal given the finding of the Court of Arbitration for Sport,had been reluctant to add insult to injury by immediately forcing him to physically return it.