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As the time came, Bp. Panaretos predicted his death. He, himself, prepared for his burial by excavating his tomb behind the [[altar]] of the Bishopric Church of St. Theodore in Paphos. He made his confession and reposed in the late Spring of 1790. He was buried by Parthenios, Bishop of Karpathos in the Dodecanese, who during those days found himself at the port of Paphos, because the ship in which he traveled had left port due to a storm. His funeral was held on [[June 6]], 1790, at which a paralyzed man who touched his holy relic was healed.
During the reign of the [[Patriarch]] Gerasimus III, the Cypriot, in 1794, Bp. Panaretos was [[glorification|glorified]]as a saint by the [[Holy Synod]] of the Patriarchate of Constantinople. The two chains that St. Panaretos used were given to the Monastery of Stavrovouni where they remain to the present day. Every year on May 1, the date of his commemoration, they are [[veneration|venerated]].
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