vSphere Replication 8.7
vSphere Replication 9.x
This issue is due to network issues in communication between the ESXi host holding the VM to the target vSphere replication server.
This can be verified by doing a ping test from the host to the target VR server and vice versa.
Packet drops observed in the ping tests can cause this issue:
Also, this issue can occur if the host holding the VM has been up for a very long time.
The replication should complete normally after that.