Nah, not at all.. If you are looking to disperse power generated by a motor, you want the diode as big as possible and as close as possible to the motor - you don't want to have amps travelling unrequired distances through wiring where it might cause damage to other circuitry. Also, as it is only in use when when the motor is slowing, its is unlikely to fail, so does not need to be in a serviceable location, and certainly wouldn't be placed in the air duct, that hardly accessible.
Also, if that was the function of the broken device in the OP post, it wouldn't stop the motor functioning.