This code means toner mot fail so check for toner caking after that go mvm location 762-032(write down current val just in case) whatever value ...A Hard reboot might be needed shut it down an turn up after 5 minutes
SOURCE: I'm running a xerox 4110
Thst is a hole punch home position sensor not detecting the 2 or 3 hole punch.
Try reseating the hole punch assembly then power the machine off and on.
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