Hung piston? I'm guessing seized or stuck. . maybe Jim will chime in if I presume incorrectly?
Piston cooling nozzles are typically made of plastic and allow for oil spray to be directed onto the bottom side of the piston. If this cooling source is closed or restricted by some foreign matter the cylinder will die eventually, sometimes pretty quick.
Damage from insufficent oil cooling could include cylinder wall scoring, piston damage, scoring, seizure, connecting rod, wrist pin damage, etc. etc.
They wouldn't usually fall out they are pressed into a casting.
The oil pan is a big drum. .
Have you done a compression test? Often one or more bad cylinders will show up this way. 350 psi is excellent. 300 is a good target for a used engine, most important is how close all are to a specific reading. Is one 350 and another 260? The low or spreads are often problems.
Your FSM should show the piston cooling nozzles and describe the carnage should they not operate properly or get restricted by foreign debris. Ie oil filter media, foil from the oil jug etc.
Good luck and lets hope its something not major.
Andy