Russian denial about Old Testament? Wait for it! (3,3)

I believe the answer is:

not yet

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'russian denial about old testament? wait for it' is the definition.
I can't tell whether this definition defines the answer.

'russian denial about old testament?' is the wordplay.
'russian denial' becomes 'nyet' ('no' in Russian).
'about' is an insertion indicator.
'old testament?' becomes 'ot'.
'nyet' enclosing 'ot' is 'NOT YET'.

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(Other definitions for not yet that I've seen before include "eventually" , "... but later on?" .)

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