ORIGINAL: togatoga
...[Thinner] literally leeches out any oil it is in contact with including the pores of the brass bushing. It also causes damage to any plastic it is in contact with.
Your engine was literally starved of oil as castor even though a very good lubricant is rather viscous and would need some time to work in while metal to metal contact was progressively destroying the con-rod especially running at high RPM. I suspect the lubricating hole and micro pores may have been inadvertently plugged up by a mixture of varnish and gunk dissolved and hardened by thinner.
Togatoga,