Unsure of the 'locktite solution but if the splines on the shaft have gone, what you can do is to 'weld' a new sprocket onto the output shaft. The engine is going too need a
complete strip and rebuild with a new shaft at some point, but the weld (if done properly) should give you a breathing space for what ever solution is best for you.
'I always ride my bikes with the front sprocket cover removed. That way I can keep an eye on it with just a glance'.
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