java.lang.ClassCastException/NPE in Remoting while executing Maven Builder

We are getting below exception in case of all the builds on JDK 7, Maven 3.0.3 even in case of successful build scenarion.

[INFO] BUILD SUCCESS
[INFO] ------------------------------------------------------------------------
[INFO] Total time: 45:36.641s
[INFO] Finished at: Wed Dec 31 15:26:27 IST 2014
[INFO] Final Memory: 226M/605M
[INFO] ------------------------------------------------------------------------
ERROR: Asynchronous execution failure
java.util.concurrent.ExecutionException: java.lang.ClassCastException
at hudson.remoting.Channel$3.adapt(Channel.java:784)
at hudson.remoting.Channel$3.adapt(Channel.java:779)
at hudson.remoting.FutureAdapter.get(FutureAdapter.java:55)
at hudson.maven.AbstractMavenBuilder.waitForAsynchronousExecutions(AbstractMavenBuilder.java:186)
at hudson.maven.Maven3Builder.call(Maven3Builder.java:143)
at hudson.maven.Maven3Builder.call(Maven3Builder.java:71)
at hudson.remoting.UserRequest.perform(UserRequest.java:121)
at hudson.remoting.UserRequest.perform(UserRequest.java:49)
at hudson.remoting.Request$2.run(Request.java:324)
at hudson.remoting.InterceptingExecutorService$1.call(InterceptingExecutorService.java:68)
at java.util.concurrent.FutureTask.run(FutureTask.java:262)
at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1145)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:615)
at java.lang.Thread.run(Thread.java:745)
Caused by: java.lang.ClassCastException
ERROR: Asynchronous execution failure
java.util.concurrent.ExecutionException: java.lang.ClassCastException
at hudson.remoting.Channel$3.adapt(Channel.java:784)
at hudson.remoting.Channel$3.adapt(Channel.java:779)
at hudson.remoting.FutureAdapter.get(FutureAdapter.java:55)
at hudson.maven.AbstractMavenBuilder.waitForAsynchronousExecutions(AbstractMavenBuilder.java:186)
at hudson.maven.Maven3Builder.call(Maven3Builder.java:143)
at hudson.maven.Maven3Builder.call(Maven3Builder.java:71)
at hudson.remoting.UserRequest.perform(UserRequest.java:121)
at hudson.remoting.UserRequest.perform(UserRequest.java:49)
at hudson.remoting.Request$2.run(Request.java:324)
at hudson.remoting.InterceptingExecutorService$1.call(InterceptingExecutorService.java:68)
at java.util.concurrent.FutureTask.run(FutureTask.java:262)
at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1145)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:615)
at java.lang.Thread.run(Thread.java:745)
Caused by: java.lang.ClassCastException
ERROR: Asynchronous execution failure

Need help to know the fix of the same problem.