Industar 61 are nothing more than rings around the optical module. Two of them have the focus helicoid, others are simply fitted together each with three screws. There are no special shaping in the rings to keep them in the right position, this work is done by the screws. Probably it is enough to loose slightly the screws and move the rings in the right position to solve that problem. If it is not enough, no fear, Industar 61 are very easy to dismount and remount.
Yours seems to have something trapped in the narrow space between the M39 ring and the focus ring. This is the most critical point of this lens: dismount the back ring (the one with the three red waxed screws), take the M39 ring and clean everything carefully. When you remount it, it could be necessary to make some shimming to keep the space under it at minimum, but as it is a moving parts, i suggest to use metal sheets.
The optimal would be to use a carefully shaped calibrated brass shims.