Luckily, this post fromMiniToolprovides several useful methods to fix the error.
Lets see how to fix it.
verify you perform the basics first before you roll to troubleshoot the issue.
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Remove your internet cable and reboot your PC;
2.
Disconnect the mapped drives, reset the password and hit it one more time;
3.
Check your time and date tweaks.

This post offers methods.
Step 2:When theLocal Security Policywindow opens, selectSecurity prefs.
Step 3:ClickAccount Policiesand selectAccount Lockout Policy.

Step 4:Double-click it, then right-clickAccount lockout thresholdto chooseProperties.
Step 5:Replace the existing value with0and clickApplyto save the changes.
After that, check to see if the the referenced account is currently locked out error has been fixed.
If not, try the next method.
Method 2: Check Your DNS parameters
Step 1:TypeNetwork Statusin theSearchbox to open it.
On the left pane, selectEthernet.
Step 2:ClickChange adapter optionson the right pane.
Step 3:Right-clickEthernetand selectProperties.
Step 4:FindInternet Protocol Version 4 (TCP/IPv4)from the list and clickProperties.
Step 5:ClickObtain DNS server addresses automaticallyand clickOK.
Then, the issue should be fixed.
If not, go to the following method to continue to fix it.
Step 2:SelectUsersin the left pane and choose your account name.
Right-click it to chooseProperties.
Step 3:In theGeneraltab, check thePassword never expiresbox and clickOK.
Now, the referenced account is currently locked out issue should be fixed.
if you bump into the same issue, you might try the methods above to get rid of it.