I'm going to assume you have a direct drive grinder? If so, then your drive wheel is mounted directly to your motor's shaft. In both the outer center periphery of the shaft, and the inner bore of the drive wheel, there will be a square(ish) cut out. A piece of key stock (key) presses into this to "lock" the wheel to the shaft. Otherwise, the shaft would just spin inside the bore of the wheel.
Think of your drive wheel as the bushing in the pic above.
At any rate, you should be able to see if your motor shaft is spinning. If you're drive wheel isn't moving at all, I have a hard time believing the motor is spinning, even if the key were to fall out, but it's still worth checking.
Does your KBAC have a forward/reverse switch? Is it possible that it inadvertently got switched to the stop position?
If not, try spinning your drive wheel/motor shaft by hand while the VFD is switched on. It's possible that you dropped a phase of your motor (one of the 3 motor leads could have come loose) and you're not getting rotation due to that. Sometime if you "help" it forward, it will take off. It probably wouldn't hurt to check that all of your connections are still tight. Grinders vibrate, and things get loose.