When attempting a vMotion operation, the migration fails with the error message: "The Object or item referred to could not be found." while the VM is still running properly without any issues.
VMware vSphere ESXi
The error is triggered when a VM is moved from its original folder or inventory location without proper reconciliation in the vCenter management layer. When the vCenter Server attempts to initiate a vMotion, it references an outdated inventory path, resulting in the "Object or item referred to could not be found" failure.
To resolve this issue, the VM must be properly re-registered in its intended inventory location: