Cisco UCS-C240-M3S Fans are LOUD and on full blast 24/7

[MTJ2012]

am having an issue with a 'new to me' ucs c-240 m3s server.

When we received the server everything was in fantastic shape, factory defaults on everything. I started off with upgrading the firmware on the box.  I am now running 3.0(4i).  BIOS version is 3.0.4b.0.  I upgraded the firmware off the bat due to the fan speed. And basic google search unveiled that the version I was running was had a known problem with this.  The fan policy is set to 'LOW' and the fans are still WAY loud.  The only thing odd about this box is that the Flex Flash card was a San Disk 16 Gb and not a branded Cisco Flex Flash.  I have some on the way, their are absolutely NO FAULTS on the server right now, everything is green'd up. 

PLEASE HELP!!!! THESE FANS ARE CRAZY LOUD. 

So far:
Updated Firmware
Reset CIMC
Set Power Policy to 'LOW'

P.S this is a LAB environment so I can do any and all recommendations!

THANKS!

[jari.suosilta]

Yep, thnx, right on spot that CSCvt2348. 

I did update at friday evening, now have to rollback before bearings burn.

If powermonitor is correct in CICM; i am burning over 130w extra electricity into airflow at moment...