The fix would be to open up the lens and see if it can be repaired. Best guess is either grit in
the helical or a loose internal screw that is causing something to bind.
Do you have confidence in opening the lens yourself? The M*300mm is not in the
repair database,
however M series primes are not overly complicated and I'm sure you could manage a repair
using the other examples at a guide. If you do decide to keep the lens, or have someone else
repair it, be sure to get a healthy refund from the seller.