The monk who has demolished conceit...

The monk who has demolished conceit* without leaving a trace,
as a great flood,
a very weak bridge made of reeds,
sloughs off the near shore & far** — as a snake,
its decrepit old skin.

* Conceit (one of the higher fetters) is thought to be totally abolished at the level of attaining Arahantship (please click on the following link to see the four stages of enlightenment).

The four stages of enlightenment

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** Near and far shores are thought to be here the five lower and higher fetters**

***Fetters- See labels below

Uraga Sutta: The Snake

translated from the Pali by

Thanissaro Bhikkhu

Uraga Sutta: The Snake (Sn 1.1) [Nyanaponika | Thanissaro]
http://www.accesstoinsight.org/tipitaka/kn/snp/snp.1.01.than.html