What was found
(CAN) SHORTLY AFTER TAKEOFF, THE ENGINE HAD MAGNETIC CHIP DETECTOR, MCD, WARNING. FROM THAT POINT, THE ENGINE STARTED LOSING POWER AND EVENTUALLY FLAMED OUT. THE CREW MANAGED TO SAFELY GLIDE AND LAND THE ACFT WITHOUT FURTHER INCIDENT. NO INJURIES OR ACFT DAMAGE OCCURRED. THE ENGINE WAS REMOVED AND WILL BE SENT FOR O/H IAW CUSTOMER INSTRUCTIONS. SERVICE INVESTIGATION HAS COMMUNICATED WITH THE CSC TO COORDINATE AN ENGINE INVESTIGATION TO POSSIBLY BE ATTENDED BY ENGINE REP.