Ah, it's called "Snowe's Noble Garb." I can't remember when I actually lowered the net, I think I had it lowerd when I was chasing him back to Razril. I just know I didn't raise until after I recruited Lilon, or whatever her name was that was hanging out in front of the Pirate's Nest.

And thanks about the Treasure Hunt tip. I though they were all on Donut Island. No wonder I couldn't find any after the first one.