Mr Branczik told the Financial Times the auction house was trying to "figure out" what the stunt means.
I'll tell you what it means and all you have to do is understand a little of Banksy. He feels art can't be owned. Period. The commercialization of art is anathema to art. In case you don't remember: https://www.youtube.com/watch?v=DX1iplQQJTo
I'd keep it. Leave the canvas shredded but put it between two transparent plates. Hang it below the empty frame.