Just a clarification - saw the couple on TV yesterday. According to them, there are 2 options for the dog:
1) The owners and dog can undergo a rigorous monitor/training schedule and attempt to keep the dog. They didn't say what was involved, but they said that it was unlikely this option would work.
2) After 10 days, the dog would be euthanized.
I think the dog is still alive, as of now.