Is it possible that Xykon's Phylactery cannot be found by anyone but Xykon now? Like Ravenwing, maybe no one but someone spiritually or telepathically linked with the object can see it anymore. Or whatever relationship V had with Ravenwing.
This would mean those hobgoblins searching couldn't find it which would probably lead to Xykon spending time to find it?
Where did this idea come from? Everyone could see it fine before. And as for RAVENwing (I can only assume you mean Blackwing), people have seen the bird before, it was just a joke in one comic.