This is what I get in my console
Failed to call hook 'OnEntityTakeDamage' on plugin 'FancyDrop v3.2.2' (NullReferenceException: Object reference not set to an instance of an object)
  at Oxide.Plugins.FancyDrop.OnEntityTakeDamage (BaseCombatEntity entity, HitInfo info) [0x00039] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.FancyDrop.DirectCallHook (System.String name, System.Object& ret, System.Object[] args) [0x00444] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.CSharpPlugin.InvokeMethod (Oxide.Core.Plugins.HookMethod method, System.Object[] args) [0x00079] in <795304323ac74a298b8ed190a1dfa739>:0 
  at Oxide.Core.Plugins.CSPlugin.OnCallHook (System.String name, System.Object[] args) [0x000de] in <beb2b64691c64e2b95b99491bd85442c>:0 
  at Oxide.Core.Plugins.Plugin.CallHook (System.String hook, System.Object[] args) [0x00060] in <beb2b64691c64e2b95b99491bd85442c>:0 
Failed to call hook 'OnEntityTakeDamage' on plugin 'FancyDrop v3.2.2' (NullReferenceException: Object reference not set to an instance of an object)
  at Oxide.Plugins.FancyDrop.OnEntityTakeDamage (BaseCombatEntity entity, HitInfo info) [0x00039] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.FancyDrop.DirectCallHook (System.String name, System.Object& ret, System.Object[] args) [0x00444] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.CSharpPlugin.InvokeMethod (Oxide.Core.Plugins.HookMethod method, System.Object[] args) [0x00079] in <795304323ac74a298b8ed190a1dfa739>:0 
  at Oxide.Core.Plugins.CSPlugin.OnCallHook (System.String name, System.Object[] args) [0x000de] in <beb2b64691c64e2b95b99491bd85442c>:0 
  at Oxide.Core.Plugins.Plugin.CallHook (System.String hook, System.Object[] args) [0x00060] in <beb2b64691c64e2b95b99491bd85442c>:0 
Failed to call hook 'OnEntityTakeDamage' on plugin 'FancyDrop v3.2.2' (NullReferenceException: Object reference not set to an instance of an object)
  at Oxide.Plugins.FancyDrop.OnEntityTakeDamage (BaseCombatEntity entity, HitInfo info) [0x00039] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.FancyDrop.DirectCallHook (System.String name, System.Object& ret, System.Object[] args) [0x00444] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.CSharpPlugin.InvokeMethod (Oxide.Core.Plugins.HookMethod method, System.Object[] args) [0x00079] in <795304323ac74a298b8ed190a1dfa739>:0 
  at Oxide.Core.Plugins.CSPlugin.OnCallHook (System.String name, System.Object[] args) [0x000de] in <beb2b64691c64e2b95b99491bd85442c>:0 
  at Oxide.Core.Plugins.Plugin.CallHook (System.String hook, System.Object[] args) [0x00060] in <beb2b64691c64e2b95b99491bd85442c>:0 
Failed to call hook 'OnEntityTakeDamage' on plugin 'FancyDrop v3.2.2' (NullReferenceException: Object reference not set to an instance of an object)
  at Oxide.Plugins.FancyDrop.OnEntityTakeDamage (BaseCombatEntity entity, HitInfo info) [0x00039] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.FancyDrop.DirectCallHook (System.String name, System.Object& ret, System.Object[] args) [0x00444] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.CSharpPlugin.InvokeMethod (Oxide.Core.Plugins.HookMethod method, System.Object[] args) [0x00079] in <795304323ac74a298b8ed190a1dfa739>:0 
  at Oxide.Core.Plugins.CSPlugin.OnCallHook (System.String name, System.Object[] args) [0x000de] in <beb2b64691c64e2b95b99491bd85442c>:0 
  at Oxide.Core.Plugins.Plugin.CallHook (System.String hook, System.Object[] args) [0x00060] in <beb2b64691c64e2b95b99491bd85442c>:0 
Failed to call hook 'OnEntityTakeDamage' on plugin 'FancyDrop v3.2.2' (NullReferenceException: Object reference not set to an instance of an object)
  at Oxide.Plugins.FancyDrop.OnEntityTakeDamage (BaseCombatEntity entity, HitInfo info) [0x00039] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.FancyDrop.DirectCallHook (System.String name, System.Object& ret, System.Object[] args) [0x00444] in <1e1c506286e74534b65da607c8ea5954>:0 
  at Oxide.Plugins.CSharpPlugin.InvokeMethod (Oxide.Core.Plugins.HookMethod method, System.Object[] args) [0x00079] in <795304323ac74a298b8ed190a1dfa739>:0 
  at Oxide.Core.Plugins.CSPlugin.OnCallHook (System.String name, System.Object[] args) [0x000de] in <beb2b64691c64e2b95b99491bd85442c>:0 
  at Oxide.Core.Plugins.Plugin.CallHook (System.String hook, System.Object[] args) [0x00060] in <beb2b64691c64e2b95b99491bd85442c>:0 

I was also going to post about this.  Doesn't seem to cause any issues other than spamming the console, but I too get it.  It does seem to prevent the drops from speeding up when being shot...

Failed to call hook 'OnEntityTakeDamage' on plugin 'FancyDrop v3.2.2' (NullReferenceException: Object reference not set to an instance of an object)
at Oxide.Plugins.FancyDrop.OnEntityTakeDamage (BaseCombatEntity entity, HitInfo info) [0x00039] in <f39f5f8b6eb04848bdb52ea930a5394d>:0
at Oxide.Plugins.FancyDrop.DirectCallHook (System.String name, System.Object& ret, System.Object[] args) [0x00444] in <f39f5f8b6eb04848bdb52ea930a5394d>:0
at Oxide.Plugins.CSharpPlugin.InvokeMethod (Oxide.Core.Plugins.HookMethod method, System.Object[] args) [0x00079] in <795304323ac74a298b8ed190a1dfa739>:0
at Oxide.Core.Plugins.CSPlugin.OnCallHook (System.String name, System.Object[] args) [0x000de] in <beb2b64691c64e2b95b99491bd85442c>:0
at Oxide.Core.Plugins.Plugin.CallHook (System.String hook, System.Object[] args) [0x00060] in <beb2b64691c64e2b95b99491bd85442c>:0