What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
Pilot departed Sky Ranch Airport (AK50) heading west and climbed to approximately 1500 feet when the propeller went to high RPM. Pilot turned towards Palmer, heard a loud bang, and experienced smoke in the cockpit. A ?mayday? Call was made and the pilot safely landed on south trunk road were he was met by the state troopers soon after landing. The aircraft was then moved off the roadway and then moved back to AK50 by helicopter sling load the following day. On engine inspection the following day pilot and mechanic discovered a hole in the rear of the upper left engine casing in front of the magneto.
As the FAA filed it
PILOT DEPARTED SKY RANCH AIRPORT (AK50) HEADING WEST AND CLIMBED TO APPROXIMATELY 1500 FEET WHEN THE PROPELLER WENT TO HIGH RPM. PILOT TURNED TOWARDS PALMER, HEARD A LOUD BANG, AND EXPERIENCED SMOKE IN THE COCKPIT. A ?MAYDAY? CALL WAS MADE AND THE PILOT SAFELY LANDED ON SOUTH TRUNK ROAD WERE HE WAS MET BY THE STATE TROOPERS SOON AFTER LANDING. THE AIRCRAFT WAS THEN MOVED OFF THE ROADWAY AND THEN MOVED BACK TO AK50 BY HELICOPTER SLING LOAD THE FOLLOWING DAY. ON ENGINE INSPECTION THE FOLLOWING DAY PILOT AND MECHANIC DISCOVERED A HOLE IN THE REAR OF THE UPPER LEFT ENGINE CASING IN FRONT OF THE MAGNETO.