The rulebook says "If an official has definite knowledge of the time elapsed (e.g. by a count), the clock shall be reset to that time". In NCAA rules, at least .3 seconds have to pass when the ball is legally touched inbounds. By analogy, I would subtract .3 seconds, as the error was realized instantly (the time would be 9.7). If the clock does not use 10ths, the clock would be reset to 9 seconds.
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