if it didn't fall into the sump, I think you would have heard a lot of unpleasant noise and have some severe damage to deal with. It could easily fall into the cam chain - and going through the crank sprocket would not be pretty, the primary chain would be worse but it's less accessible to something dropping from above.
I had this happen on a CB77, the tappet and nut were in the sump undamaged. Taught me to torque those nuts down well.