Wiped cam lobe, collapsed lifter, broke rocker, or bent/broke pushrod is my guess. My buddy just had this happen and I told him and told him while he was tearing into everything but the valve train and sure enough, wiped cam and 5-6 lifters had worn anywhere from 1/8-1/2" short....never seen anything like it LOL.
Easiest way is to pull valve covers and watch the rockers move.