Copy and paste the following, and fill in the information:
What version of Android were you using? (4.0.1, 4.0.2, 4.0.3)
Were you using a custom ROM? If so, which one?
Were you using a custom kernel? If so, which one?
How did you install Google Wallet? Did you flash the .zip or install via .apk?
What did you do prior to finding the Secure Element Locked Out message?
Thanks for the help. Please include any other relevant information. Please keep discussion limited to Secure Element lockouts.
PLEASE DON'T POST THE ABOVE INFO IF YOU AREN'T HAVING THE ISSUE.