Agree with BOAC. Tried the quick circuit and the turnback manoeuvre in the 757 as a "fun" exercise at the end of a sim. It can be done but it's not particularly controlled and very very easy to cock up.
Although not quite the same, I know of 2 hawk fatal accidents in the early 90s where the pilots elected to turn back, misshandled it and crashed. One was for an oil pressure caption, one for a fire warning. In both cases, the accident report concluded that a normal circuit would probably have been the best course of action.