The most common and most likely answer to this crossword clue is the 4 letter word KORE
K
O
R
E
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The straight part
We know that "statue" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case statue = kore.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does KORE mean?
KORE noun- An Ancient Greek statue of a woman, portrayed standing, usually clothed, painted in bright colours and having an elaborate hairstyle.