ToME: the Tales of Maj'Eyal

First time finding a wheel of fate. 140 hours in. Does it only spawn with demon statues? I rolled it at level 2. For early game, this is outstanding! Do all the rolls have so many slots?

*edit* spawned a level 30 dolleg in the same zone. Couldn't even get out of the starting zone to save the ring. What a spin of fate...

I've most recently found Wheel of Fate also in a demon statue (also in Searing Halls 2). But I've seen it drop from monsters in other zones in previous versions. So unless it's been changed, I'm going with no.

Never saw it spawn from a statue (which only dropped artifact daggers and I think 1hand swords for me so far). It can often be found as a tier1/2 world drop or in Angolwen/merchant shop

Demon statues can pull random items from Ashes of Urkroh item pool, but those also drop from normal monsters. They are in no way limited to statue drops.

demon statues just give you random arcane artifacts on the rare occasion you get anything but an overlevelled forge giant

I am pretty sure you have at least a high chance to get Wheel of Fate from a statue, as that has happpened to me as well.