I just tried it again, and you're correct. The weird thing is the gain knob does nothing to the actual signal, but it does add hiss. So apparently, there is no point on this amp in going through the return. Which is disappointing. But something to look out for in the future when this thing eats it.
I saw this after I made a post. MarkBass has a parallel effects loop so both your external preamp and the amp's internal preamp are active. There is a way to change this to a series effect loop by adjusting or removing (I don't remember) an internal jumper. This has been previously discussed in this forum, a search should reveal it.