event_add: No such file or directory

[kaushal]

Hi
i get

telnet 0 11211
Trying 0.0.0.0...
Connected to 0 (0.0.0.0).
Escape character is '^]'.
Connection closed by foreign host.

i get event_add: No such file or directory in memcached log

Please suggest/guide

Thanks

Kaushal