From the Courier-Journal, Kentucky:-
"As a retired C-130 crew member of the KYANG, I was very relieved to see Col. Ken Dale on tv and announcie that all our planes and crews were accounted for and safe.
The members of the KYANG are some of the best Airmen in the country and that includes active duty Airmen. The C-130 is a very safe aircraft and the maintence personel of the KYANG keep their planes in top notch shape."
Apparently it was on an exercise and the Police, Fire and Rescue services found no crash site after searching for hours.