I would agree with your travel call.
Probably not a held ball, as the events seemed to happen too quickly.
From what you described, sounds like no foul either. It's not a personal foul, as there was no body contact. No contact = no foul. And the only non-contact personal foul you can have is a flagrant personal foul, like if a kid swung a punch at another player and missed (during a live ball).
It's not one of those situations that looks pretty to coaches/fans, but it's the right call to make.
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