The decapitation in section III, v bis therefore signifies the obtaining of the arcane substance. According to the text, the figure following behind the sacrificer is named the ‘Meridian of the Sun,’ and his head is to be cut off.
Jung establishes decapitation in the Zosimos vision as an alchemical operation whose precise meaning is the extraction of the arcane transformative substance, identified with solar gold.
, Alchemical Studies, 1967thesis