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Does maximally incompleteness cause nonvanishing of the extension of maximal ideal of a valuation ring by rank 1 free module?

In B. Bhatt's lecture notes[1], Remark 4.2.5 says ... $\operatorname{Ext}_R^2(k,R)$ is non-zero if $K$ is not spherically complete. which amounts to the following pure algebraic question. Statement ...
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