In 2015, a radio transient named Cygnus A-2 was discovered in Cygnus A with the Very Large Array. Because of its radio brightness ($ u F_{ u} approx 6 times 10^{39}$ erg s$^{-1}$), this transient likely represents a secondary black hole in orbit around the AGN. Using {it Chandra} ACIS observations from 2015 to 2017, we have looked for an X-ray counterpart to Cygnus A-2. The separation of 0.42 arcsec means that Cygnus A-2 can not be spatially resolved, but by comparing the data with simulated texttt{marx} data, we put an upper limit to the 2-10 keV X-ray luminosity of Cygnus A-2 of $1 times 10^{43}$ erg s$^{-1}$. Using the Fundamental Plane for accreting black holes, we find that our upper limit to the X-ray flux of Cygnus A-2 in 2015-2017 disfavours the interpretation of Cygnus A-2 as a steadily accreting black hole. We suggest instead that Cygnus A-2 is the radio afterglow of a tidal disruption event (TDE), and that a peak in the 2-10 keV luminosity of the nuclear region in 2013, when it was observed by {it Swift} and {it NuSTAR}, is X-ray emission from the TDE. A TDE could naturally explain the X-ray light curve of the nuclear region, as well as the appearance of a short-lived, fast, and ionized outflow previously detected in the 2013 {it NuSTAR} spectrum. Both the radio and X-ray luminosities fall in between typical luminosities for thermal and jetted TDE types, suggesting that Cygnus A-2 would be unlike previously seen TDEs.