3 Week Old Squire Tone Pot Busted: Covered?

First, let me say I still love my 3 week old Squire CV 70's Precision. I was playing last night and the tone control knob no longer stops in either direction. Just feels rubbery. It is tightened properly, so whatever it is, it is internal to the pot.

*****EDIT*****

Idiot alert! It was a loose lock nut. Duh!!! Sorry y'alls...
 
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