I did a similar thing on my 156 while changing the front wheel bearing.
Splitting the hub I caught the plastic tip of the sensor, necking its off.
The new sensor took a while to arrive so we just used the car complete with an array of ABS, Traction Control not operable and ESP not communicating and took the hump!
Just like driving in the days before all these gadgets were fitted, no problem and I drive like I didn't anyway.
Sensor arrived some weeks latter and fitted. Battery left disconnected overnight as a precaution to clear previous standing alarms!
Battery reconnected, ignition on/off reset done and all alarms cleared.
Test drive on some flat grass showed everything working.
The sensors are Hall Effect type (similar to Crank and the Cam sensors) giving a high impedance output on the 156.
Hopefully the same on the G, this protects the circuits from shorts in wiring should this occur. Not to saying its not possible to kill the circuits, but made that much harder through good circuit design.