MONS OT J004240.69+405142.0: An orphan GRB optical afterglow candidate in Andromeda?

Here we report the serendipitous identification of a bright optical transient in the vicinity of the dwarf elliptical galaxy M 32 (NGC 221). This transient (MONS OT J004240.69+405142.0) was detected using filtered CCD imaging, about 20 arcsec southwest from the core of M 32, at equatorial coordinates α = 00:42:40.69 ± 0.05, δ = +40:51:42.0 ± 0.5, between 04:20:16 and 04:21:46 UT on June 22, 2007. A detailed analysis of the intensity profile of the feature suggests that it is of stellar nature with apparent visual magnitude 9.69 ± 0.15 which gives an absolute magnitude of −14.7 ± 0.3 if the feature is located in M 31/M 32. Under the assumption of the event reported here being of cosmic origin and although no correlation with GRBs in time or space has been found, the behaviour of the optical transient appears to resemble that of the recently observed GRB 080319B: very fast ascent and decay of several magnitudes within a few minutes. If this interpretation is correct, the afterglow decay was extremely rapid, decreasing by more than 5 mag. in about 2 min, α = 2.4. Given its properties, the event is a possible orphan GRB optical afterglow candidate originated beyond the Local Group. Alternative explanations are also discussed.