I'm going to call a metatheory reasonable if it's consistent and whenever there exists a proof for a sentence $\phi$ from a theory $T$ the metatheory proves $T\vdash \phi.$
Suppose that some reasonable metatheory proves the consistency of a theory $T$. Can we deduce that $T$ is consistent?
My informal argument for this idea goes as follows. Suppose $T$ were inconsistent. Then there would exist a proof of $\bot$ from $T$. Then the metatheory would prove $T\vdash \bot$. But since the metatheory proves $T$ is consistent, the metatheory also proves $T\not\vdash\bot.$ But then the metatheory must be inconsistent, a contradiction. Does this argument work?