What cal is it .. .22 or .25?
1. If the reg gauge was reading 120bar when you got the rifle, you should send it back anyways as factory set is 140bar (that shows on gauge around 150b on most). The gauge could be faulty to begin with.
2. You can visually inspect the position of the hammer seat (HS) and PUR o-ring on the valve stem.
Valve stem screws in to valve seat (toward the left of picture) and hammer seat screws in to the right of valvestem.
Picture below is a rough guide. I couldnt take the picture of hammer seat and o-ring but in good light you should be able to see it.
Straight line is where the white PUR o-ring is, and distance from the opening on the right to end of o-ring is appx 6mm.
If the difference is significantly less, one of the two has happened:
a. Valve stem has come loose from the left (valve seat) side
b. Hammer seat has come loose
Either way, you'll have to send it back for warranty repair.
Hope that helps.