Engine damage Volvo S60 at 99tkm…

Hello guys! I came to this forum by a friend because I told him about my “problem”. I bought a beautiful S60 in June and was completely satisfied until one day after my service appointment. So the day after the service started to light up the warning light for the oil control. Not constantly but rather like a contact error. After I had checked the oil level and everything was fine, I didn’t think much about it. It glowed, as I said, not always. Well. And now two days ago the oil control started to shine permanently and with the light also came the first “comic” noises from the engine room. After a short phone call with the mechanic I was asked into the workshop. Unfortunately I didn’t get there anymore. After an ever louder surr and knocking, a bang and lots of smoke my ride was about 1Km in front of the workshop to end. So, and now my question… Didn’t let the 5W 30 motor oil recommended by Volvo fill up, but after a more generous 0W 50. Can the service really help me?