We occasionally get this alarm while homing the turret. The process of homing the turret seems to involve both homing the auto-index stations and the turret itself.
What happens on the occasion when this alarm appears is that the autoindex station motor keeps turning (at least the degrees display on the screen keep on moving 360 degrees). Sometimes it eventually does get to the right position and everything´s fine, while other times it stops but the T button light blinks instead of being steady. Most of the times it looks like it could go on forever.
Actually, so far it is not really a big issue and 99% of the time a power off followed by a new start fixes the issue, but I would like to know if anyone has any clue of what this refers to and whether I should either try cleaning or changing the C-axis limit switch, wherever that is.