Read-only locking type set. Write locks are prohibited. (LVM)

If you receive the following error while creating the LVM, here is the fix

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Read-only locking type set. Write locks are prohibited.
Can't get lock for Xen1
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[root@test~]# grep locking_type /etc/lvm/lvm.conf
locking_type = 4

Check locking_type in the lvm config and change it to 1