If it just spins, I bet there is a little piece that is missing. I don't know what it's called, but it looks like a tiny ball bearing. It's supposed to stop on the grooves when you turn the dial for adjustments. I bought a Colt HBar at a pawn shop one time that was the same way. I sent the whole carry handle to Colt and they fixed it and had it back in a week or so. Hopefully someone will chime in that actually knows what the part is called.
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