Hi mohinder6,
like @Sarmbrister said, you ran into a license violation and your search will stop after 3 violation in a rolling window of 30 days. Your search will resume after 30 days, read the docs http://docs.splunk.com/Documentation/Splunk/6.2.6/Admin/Aboutlicenseviolations to learn more about license violations.
Also, you're using Splunk free and I think it is still not possible or at least, very hard to get a reset key for Splunk free. So read this comment to learn about one method to reset Splunk free http://answers.splunk.com/answers/66786/free-license-reset.html#comment-66791
Hope this helps ...
cheers, MuS
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