I remember once I accidentally dropped my friend's MIM Telecaster and part of the wood chipped lol. He sent it to a luthier his dad happened to know and it was fixed (For a fee though, rm200+ iirc?). If it's just a ding/crack on the guitar, it shouldn't be much of a problem.

Either way, stop talking to your friend. He'ill feel guilty in a week's time and voila, NEW GUITAR! xD