Maven deploy on Nexus 2.11.4-01 does not complete - maven

Question

I am using 'mvn clean deploy' as a maven goal to deploy an artifact on our local Nexus repository (2.11.4-01). It starts the upload (the artifact is a jar file) normally but does not end with the usual 'uploaded' confirmation. It in turn starts uploading the next artifact (which is the pom file of the jar file it thinks got uploaded) and maven fails the execution at that point. Any help would be really appreciated.
Note: The same behavior works for another project but for a smaller file size (less than 1 MB)
Here is the information on what happens:
Uploading: /xyz.jar
4 KB
8 KB
12 KB
16 KB
20 KB
----
9034 KB
Uploading: /xyz.pom
4 KB
8 KB
12 KB
16 KB
17 KB
FAILURE occurs at this point
Stack trace:
[ERROR] Failed to execute goal org.apache.maven.plugins:maven-deploy-plugin:2.5:deploy (default-deploy) on project xyz: Failed to deploy artifacts: Could not find artifact xyz.jar
org.apache.maven.lifecycle.LifecycleExecutionException: Failed to execute goal org.apache.maven.plugins:maven-deploy-plugin:2.5:deploy (default-deploy) on project xyz: Failed to deploy artifacts: Could not find artifact xyz.jar
at org.apache.maven.lifecycle.internal.MojoExecutor.execute(MojoExecutor.java:217)
at org.apache.maven.lifecycle.internal.MojoExecutor.execute(MojoExecutor.java:153)
at org.apache.maven.lifecycle.internal.MojoExecutor.execute(MojoExecutor.java:145)
at org.apache.maven.lifecycle.internal.LifecycleModuleBuilder.buildProject(LifecycleModuleBuilder.java:84)
at org.apache.maven.lifecycle.internal.LifecycleModuleBuilder.buildProject(LifecycleModuleBuilder.java:59)
at org.apache.maven.lifecycle.internal.LifecycleStarter.singleThreadedBuild(LifecycleStarter.java:183)
at org.apache.maven.lifecycle.internal.LifecycleStarter.execute(LifecycleStarter.java:161)
at org.apache.maven.DefaultMaven.doExecute(DefaultMaven.java:319)
at org.apache.maven.DefaultMaven.execute(DefaultMaven.java:156)
at org.apache.maven.cli.MavenCli.execute(MavenCli.java:534)
at org.apache.maven.cli.MavenCli.doMain(MavenCli.java:196)
at org.apache.maven.cli.MavenCli.main(MavenCli.java:141)
at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:39)
at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:25)
at java.lang.reflect.Method.invoke(Method.java:597)
at org.codehaus.plexus.classworlds.launcher.Launcher.launchEnhanced(Launcher.java:290)
at org.codehaus.plexus.classworlds.launcher.Launcher.launch(Launcher.java:230)
at org.codehaus.plexus.classworlds.launcher.Launcher.mainWithExitCode(Launcher.java:409)
at org.codehaus.plexus.classworlds.launcher.Launcher.main(Launcher.java:352)
Caused by: org.apache.maven.plugin.MojoExecutionException: Failed to deploy artifacts:
at org.apache.maven.plugin.deploy.DeployMojo.execute(DeployMojo.java:189)
at org.apache.maven.plugin.DefaultBuildPluginManager.executeMojo(DefaultBuildPluginManager.java:107)
at org.apache.maven.lifecycle.internal.MojoExecutor.execute(MojoExecutor.java:209)
... 19 more
Caused by: org.apache.maven.artifact.deployer.ArtifactDeploymentException: Failed to deploy artifacts:
at org.apache.maven.artifact.deployer.DefaultArtifactDeployer.deploy(DefaultArtifactDeployer.java:140)
at org.apache.maven.plugin.deploy.DeployMojo.execute(DeployMojo.java:156)
... 21 more
Caused by: org.sonatype.aether.deployment.DeploymentException: Failed to deploy artifacts:
at org.sonatype.aether.impl.internal.DefaultDeployer.deploy(DefaultDeployer.java:259)
at org.sonatype.aether.impl.internal.DefaultRepositorySystem.deploy(DefaultRepositorySystem.java:380)
at org.apache.maven.artifact.deployer.DefaultArtifactDeployer.deploy(DefaultArtifactDeployer.java:136)
... 22 more
Caused by: org.sonatype.aether.transfer.ArtifactNotFoundException:
at org.sonatype.aether.connector.wagon.WagonRepositoryConnector$4.wrap(WagonRepositoryConnector.java:945)
at org.sonatype.aether.connector.wagon.WagonRepositoryConnector$4.wrap(WagonRepositoryConnector.java:940)
at org.sonatype.aether.connector.wagon.WagonRepositoryConnector$PutTask.flush(WagonRepositoryConnector.java:864)
at org.sonatype.aether.connector.wagon.WagonRepositoryConnector.put(WagonRepositoryConnector.java:465)
at org.sonatype.aether.impl.internal.DefaultDeployer.deploy(DefaultDeployer.java:253)
... 24 more
Here is the build goal from the pom file:
<!-- JAVADOCS -->
<plugin>
<groupId>org.apache.maven.plugins</groupId>
<artifactId>maven-javadoc-plugin</artifactId>
<configuration>
<stylesheet>maven</stylesheet>
<footer>Generated ${maven.build.timestamp}</footer>
</configuration>
<executions>
<execution>
<id>attach-javadocs</id>
<goals>
<goal>jar</goal>
</goals>
</execution>
</executions>
</plugin>
</plugins>
</build>