My guess would be it was either scrapped, or turned into the new PS exclusive Jade Rabbit scout rifle and given a different name. This is the reason I put no stock into leaked and datamined items from Destiny. Doesn't seem like the Fate of all Fools will be obtainable anytime in the near future either.
More often than not, whatever is leaked is only a placeholder and the end result is either partially/completely different, or removed from the game altogether.
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BUNGIE released an image of a guardian with a scout rifle that looked exactly like the leaked images of the 347 Vesta Dynasty as part of their campaign for House of Wolves. It's probably a Queen's Wrath rank 5 reward or something.
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That doesn't mean it couldn't have been an early placeholder or something along those lines
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Yeah, probably. Just seems strange that they would release an image of someone holding a weapon that has been leaked, but then remove it. Although you can't trust any speculation until experiencing the product at drop day.