Axis & Allies Developer and Playtester; War of the Ring Editor and Playtester
Normally it isn't. However, there are certain abilities and events, such as the Balrog of Moria Event card, that allow for the drawing of a Hunt tile when the Fellowship is declared:
You may discard “Balrog of Moria” to draw an additional Hunt tile if the Fellowship moves into, out of, or through Moria while being declared or revealed. If the tile shows an Eye, discard it without effect; otherwise follow the rules for a successful Hunt.
Ignore any “Reveal” icon on the drawn tile if the Fellowship has been declared in a Free Peoples City or Stronghold.