Audio / Video on host system stops working when virtualbox is run


I have a peculiar problem while running VirtualBox.

The Audio / Video of the host system stops working when a VM is spawned using Virtual Box.

Virtual Box version : 6.1

Host OS Version :
lokesh@lokesh-ThinkPad-L490:~/git/rdma-core$ cat /etc/os-release
VERSION=“20.04.1 LTS (Focal Fossa)”
PRETTY_NAME=“Ubuntu 20.04.1 LTS”

I am using “vagrant reload / up /suspend” commands to boot / shutdown the VMs.

This has become a major problem for me as I am not able to attend the official calls now when the VM is on as the audio does not work. As soon as I power off the VM, the media (audio / video) starts working again.
There is a beep sound that comes when the VM is powered off.

Any type of solution is welcome.