Also unplug USB and power cycle. It seems at least 50% of the Virus issues are USB related.
@jox - thank you so much for your suggestion, I did try with the digitone adapter and surprisingly it did play fine for a longer time than it did with the older adapter, but still it ended up crashing on a complex patch, which I guess is expected. But I do find it a bit more stable than before for sure!!! Will try more and see if this solves the issue 
@DonovanDwyer - Initially I was facing that issue on standalone also without any USB cable, but now with the adapter changed, I see it seems fine with the USB also, while using as a VST on Ableton. Will wait and see how this pans out.
Thanks again for your input guys!
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