The fairies are not keeping it in plain sight, so unless you can discover the location of the chest, no, you can't make a run for it.
"Now this is an unexpected suprise" says Karl
"Permhapss an eesskape route?" suggests Jamalee, her gravelly voice ever present.
Karl and Jamalee both search their belongings for a light source.
"I have 3 sunrods on hand, 2 on itchy's pack saddle." says karl
Jamalee says, "I have access to some minor magical light of limited duration."