The current workaround for this issue is to ssh into the affected nodes and stopping the monit processes.
1. Identify the node having the issue.
2. Run "bosh ssh" to ssh into the node.
3. Run the command: sudo su -
4. Run the command: monit unmonitor all
5. Run the command: monit stop all
6. Exit out of the node and re-run the command: pks upgrade-cluster