Cardinal Sin is a bust with its face sawn off and replaced by blank tiles, designed as a response to the child abuse scandal in the Catholic church.
In a statement, Banksy said: "I'm never sure who deserves to be put on a pedestal or crushed under one."
"The statue? I guess you could call it a Christmas present. At this time of year it's easy to forget the true meaning of Christianity - the lies, the corruption, the abuse."