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Aitor Karanka now heavy favourite to become the next Nottingham Forest manager – hours after he was replaced by Barnsley’s Paul Heckingbottom

General View of the the Brian Clough stand before the Sky Bet Championship match between Nottingham Forest and Middlesbrough at City Ground on Augu...
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Karanka is now back above the Barnsley boss in the race to succeed Mark Warburton at Nottingham Forest.

Aitor Karanka, manager of Middlesbrough looks on during the Premier League match between Stoke City and Middlesbrough at Bet365 Stadium on March 4, 2017 in Stoke on Trent, England.

Sky Bet‘s odds on Aitor Karanka becoming the new Nottingham Forest manager are shortening by the hour.

Karanka was the bookmaker’s early favourite for the City Ground post, but fell behind Barnsley boss Paul Heckingbottom on Sunday.

The pair have traded places again since then though, with Karanka now 1/20 as of Monday lunchtime, with Heckingbottom drifting out to 8/1.

Paul Heckingbottom manager of Barnsley looks on during the Sky Bet Championship match between Sheffield United and Barnsley at Bramall Lane on August 19, 2017 in Sheffield, England.

Nottingham Forest, who sacked Mark Warburton on New Year’s Eve, are currently 14th in the Championship.

However, the managerless Reds turned in an impressive performance against Arsenal in the FA Cup on Sunday, running out 4-2 winners against the holders, whose side had a higher average age.

Karanka, who was Jose Mourinho’s assistant manager at Real Madrid, left first solo role as Middlesbrough boss in March 2017, 10 months after leading Boro back to the Premier League.

Head coach Jose Mourinho (L) of Real Madrid CF listen to assistant coach Aitor Karanka (R) on the desk prior to start the La Liga match between RC Deportivo La Coruna and Real Madrid CF at...

The Basque, who continues to reside in Harrogate, North Yorkshire, worked with Forest winger Mustapha Carayol at the Riverside Stadium.

Would Karanka be a good appointment for Nottingham Forest?

Nottingham Forest fans gesture during the Sky Bet Championship match between Nottingham Forest and Ipswich Town at City Ground on May 7, 2017 in Nottingham, England.