The light could have come on because of low coolant, and it will stay on until the ignition is shut off.. it latches.The engine temp gauge may have returned to "normal" because it was dry... no coolant circulating.Most likely a hole in the head gasket, but could also be a frost plug or block heater letting go... look at the back of the engine from under the car... maybe you got lucky.
I got lucky with it being the block heater exactly once.