That's a shame to hear, but hopefully the hone and rings will help, fingers crossed. I hate to see a Victa 2-stroke thrown away/destroyed when it's so simple to keep them running forever.
Still though, it's odd. If you're using the correct mix, why would it just all of a sudden stop working?
Specifically for when it cut out (And possibly moments before), were you on a hill/slope? Or were you running on flat ground? If you were on a hill/slope, which side of the mower was up/down?
Have you tried replacing the exhaust? Used a spark tester while the spark plug is installed?
These are the kind of cases I both love and hate haha.