Ugh. I've had this stupid error a few times (on the same project). I have a very simple 4K edit in PPro. It has one bit of "black video" (created using New Item > Black Video) and whenever I export via AME, it warns me of a "missing asset", and that missing asset is the "black video". Obviously I can't "relink" this black video, because it has no source - the Media File path (as you'd expect) in the project panel is blank. And it plays back perfectly in PPro anyway, so it is not in fact missing. If I export it (via AME) anyway, instead of being a bit of black video, it does indeed show the red "media offline" thing. What a stupid bug!
I then deleted the black video from my timeline and the black video from my project, created a brand new bit of black video, slotted it into the timeline and exported again from AME....same "offline" result. I then exported directly from PPro, and it exported perfectly.
I'm on the latest PPro beta and AME beta, but this error also occurred a couple of weeks ago; I update my CC apps daily. I will check if this bug occurs in the release versions of PPro and AME if I get the time.
Windows 10
128GB RAM, 24GB VRAM
PPro beta 24.6.0 x63
AME beta 24.6 x57