cannot create restore point on windows 7 64-bit: "The specified object was not found. (0x80042308)"

I'm trying to create a restore point on my newly built computer, and it fails.

I get the following error:

The restore point could not be created for the following reason:

The specified object was not found. (0x80042308)

Here is what I found in the event logs: Event 14, volsnap The shadow copies of volume C: were aborted because of an IO failure on volume C:.

Some info about computer that might or might not be relevant:

MB: Asrock B75M 300 GB Hitachi hard drive (system partition is on this one) 250 GB Western Digital hard drive

What was tried so far: rebooting re-installing Windows applying windows updates chkdsk /f chkdsk /R sfc /scannow verifying that Windows Shadow Copy related processes were started create a restore point from safe mode, or repair mode (function is unavailable in both)

I really need to get this solved, at the very least I need an alternative. I need your help. Thank you.