Michigan-Harvard inadvertent whistle

[Jesse James]

Late stages of the Michigan-Harvard game--Michigan, under pressure in the backcourt, has a player in the air with possession near the sideline verbal for time, then lands OB. Official taps whistle to grant the TO, and seems to immediately realize the error--after a short conference, officials go with an inadvertent whistle. The play-by-play and color guy aren't catching on, but aren't saying anything stupid. Official comes to bench, and announcers seem to be relaying his message--inadvertent whistle, Michigan has the arrow, it's Michigan basketball.

Is there any scenario that you should go to alternate possession here?