I'm a little late to the party, but I will chime-in for checking the cam-gear, and the plunger & spring...
My '28 had a knock at idle that sounded very much like a rod-knock... I tried the timing-pin / pressure trick, and it subsided/ disappeared.
Took the side-cover off the timimg area, and let the engine idle: cam gear/shaft was "walking" fore & aft, making a knocking sound.

(Do NOT rev the engine with the side-cover removed: your fender will be covered in oil!

)
THIS was my "bearing knock"... when I disassembled the front cover, I found the plunger flush at the top of its bore, and the spring in about 3 pieces... it was doing no good.
When I replaced the plunger and spring, and put it all back together, the "rod knock" was gone.
It's an easy thing to check...
Obviously, your case was different



... good thing you shut it down before the cylinder was damaged !
Good luck !
Frank