I have been privileged to enjoy 3 of these in the last year. Yours sounds like a detonation of too much priming compound. Federal blamed the Victory, I know an overload when I see it, this one flat detonated.
I have tried to make the firearms that have experienced this and cannot make them fire out of battery.
I do not feel it is the firearm, but a quality control problem with the manufacturer of the ammo.
Here is another view.
My gunsmith and I tried to make firearms fire out of battery, pulled bullets and we could not make it happen. This one was a S&W Victory, S&W have repaired it twice. Once thanks to Federal, once thanks to CCI.