The only way I can figure that you could POSSIBLY put time back on the clock is if you claim that the whistle was blown when the ball was first touched on the rebound. But not only is this not true in the OP, but it would almost never be true, as the recognition that not both teams reacted takes at least some amount of process time. I don't see how you could justify putting time back on the clock other than, "It just seems like the right thing to do." Unfortunately, sometimes when officials screw up it costs teams. That's why we work so hard at not doing that.
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