Here's another anecdote for you. I was what many considered to be a child prodigy and genius. My parents living in a small farming community there was nowhere for me to go and nothing for me to do. My parents intentionally avoided teaching me to read before starting pre-school because they didn't want me to be "different" from the other kids. I didn't know anybody who could get me into prestigious colleges and programs at an early age, although I could have understood it. Instead I was put in public schools and learned to despise everyone there. I became cynical, anti-social, and lazy.There was no reason to try when there wasn't anything on the next level.
Now here I am a decade later, widely accepted by almost all my friends, coworkers, and supervisors to be one of the most intelligent persons they have ever met, but I have nothing to show for it. I graduated from the local community college at 17, but because I was lazy my grades sucked and I couldn't transfer anywhere. I have over 200 credits from that school now, but few 4-year schools will look at me. Not that I could afford those that do. As a single white male with two AA degrees, I'm not eligible for any financial aid.
tl;dr version. I was a prodigy ruined by forcing me into public schools. I've gotten past it and am quite happy with my life now, but for this kid I say let him run as far and as fast as he can so what happened to me doesn't happen to him.