In 1989, the locomotive was given to the Old Smoky Railway Museum which donated the locomotive to the Gulf & Ohio Railway in August 2008. The City of Knoxville and Old Smoky Chapter of the National Railway Historical Society made plans to restore 154 and made it become the oldest operating Southern steam locomotive. On July 3, 2010, #154 made her first debut at the Three Rivers Rambler and pulled her first passenger on the Gulf & Ohio Railways.
However, in August 2013, #154's bell had been stolen by a thief who had climbed over the fence and cradled to the Gulf & Ohio Railway yard where the locomotive was parked last night. On January 20, 2015, 154's bell was found at last when the Knox County Sheriff’s Office deputies investigate a house on Kimberlin Heights Road, recovering everything from stolen cars to lawn equipment. The locomotive's bell was stolen by Gary Steven Valentin a 54 years old thief, but it was finally reunited with the 154.