Dog discovered to be holding bovine at far end of ranch (8)

I believe the answer is:

foxhound

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'dog' is the definition.
(foxhound is a kind of dog)

I can't explain the remainder of the clue.

(Other definitions for foxhound that I've seen before include "5 [MANS BEST FRIEND]" , "Hunting dog" , "hunter" .)

I've seen this clue in The Hindu.

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