Schizostylis Coccinea 'Mrs Heggarty' problem

Hi all,
I've got what I think is an issue with my Schizostylis Coccinea Mrs Heggarty. Do any of you guys keep this plant??
I recently purchased it to grow in a water basket (how it came) from an aquatics centre near me. It's in a shallow area of my new pond but it seems to be dying off. The leaves first started to go yellow but are now turning red! I fear it may be dying, can anyone please advise???
Here it is before planting in the pond (in the same basket)...

Thank you!
I've got what I think is an issue with my Schizostylis Coccinea Mrs Heggarty. Do any of you guys keep this plant??
I recently purchased it to grow in a water basket (how it came) from an aquatics centre near me. It's in a shallow area of my new pond but it seems to be dying off. The leaves first started to go yellow but are now turning red! I fear it may be dying, can anyone please advise???
Here it is before planting in the pond (in the same basket)...

Thank you!
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Thank you guys, I'll try potting it out. The GC are selling them in water baskets.
I live in west central Scotland - not where that photo is...
Oh god! Yeah in a water basket and all, bought it and had advice from a place on my logistical route to Cardiff at a place named similar to Waidenhead Aquatics!
Strange! Well it's out of the water now so hopefully it'll pick up and I'll put it in the ground nearby!