If... ... If the turbo lets loose the chances of getting wheel parts through the air tube into the intercooler are fairly good. All the way thru the intercooler into the intake itself..... very very slight, but not completely impossible. Anything that small probably would not create any significant damage anyway, but I have seen bad things happen to the tops of unsuspecting pistons from a BB sized fragment. The biggest problem is the intake side of the intercooler. Remove it, all the boots and flush everything backwards many, many times. The real problem is oil seal failure. If your driving and it goes, the engine will start sucking oil right out of your oil pan thru the turbo oil feed lines, turbo, and into the intake. The intercooler will become an instant oil reservoir packing in oil and feeding it to the engine. Diesels will burn engine oil just as well as regular diesel. Turning your key off will not shut the engine down since the oil (fuel) is bypassing the shutdown solenoid valve straight into the intake. This is called a runaway and usually leads to catastrophic damage. If you have a manual transmission, put it into low gear instantly, jump on top of all the breaks you can find and stall the engine out. If you have an automatic, pop the hood, if your quick enough, snatch out your trusty bowie knife and cut the intake hose just in front of the intake manifold connection and yank the intercooler side of the boot away from the manifold to stop the supply of oil (fuel). This by the way is dangerous and should not be attempted by the faint of heart. Or slam it into D-1 nail the breaks and pray. If you survive a runaway and manage to shut the engine down before failure and get it home, remove the intercooler and flush it out backwards with Calgon dish washing detergent. We use this method in our big diesels here all the time. Calgon will completely remove the oil from all the components involved. Flush a couple more times with COLD water and let dry out and reassemble. Just make sure you get all of the oil out of the intercooler or it will runaway again as soon as you fire it up. Then shop for a better turbo... .
Happy Trails, I hope this helps... ... .