Item disappeared after server reset?

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First and foremost I play on a private pve-c server on ps4. Drop on death isn’t enabled and your body doesn’t stay in the world when you log out. For some reason my maelstrom light torch “disappeared” on my weapon wheel after the server reset. I know for a fact that it was good on durability cause i just purchased it(its a siptah item but i got it for El) and knew I still has an hour on it 5 minutes before server reset. But when i relogged back in 5 minutes after the server reset I noticed It was showing a empty slot where my torch was. If i go over to it on the weapon wheel it showed its name was still there but it was invisible NOT transparent. No icon whatso ever was showing that an item was there, like it was still assigned on my weapon wheel but it was completely invisible. So I placed it back to my inventory. But its not showing up in my inventory at all now. Nothing is showing up in my event logs as well. Its like it just disappeared. Has this happen to anyone or am I going crazy here?

Have never had that torch but we have had plenty of things disappear from inventory especially torches and water bottles sometimes they reappear later. @biodarkalex makes us feel like we’re losing it at times