This happened to me out on a ride today
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The horizontal strip across the middle of the picture is the edge of the rim. It sliced an 8-inch gash through the inner tube
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I had a few minutes warning that something was up, as the back wheel developed a knocking sound, which I traced to a slight bulge on the lip of the rim, and there was an earlier clue if only I'd recognised it, as my braking began to catch on one side.
Luckily all was OK in the end, and the kindly Mrs rjh was on hand to come out and pick me and bike up.
I have a spare rim and am now weighing up the benefits of fitting it myself vs. a new wheel.