Has anyone else encountered this? I was playing as a Sniper on Ammo Mule Arena, and I was heading towards the moneyball to attack it, but I had jumped to avoid a rockit turret and found myself stuck in place next to the turret. Not only was I at around 0 health (I'm assuming I was at a sliver of it), nothing could damage me. I couldn't use my Flak skill, but oddly enough traps and grapple worked fine. I could switch between weapons but could not zoom into the sniper rifle. I found myself unable to even leave the game, which got to be a bit tedious, although it was a bit hilarious for 10 seconds shooting people with the SMG and realizing I wasn't dying. It was really weird.
Closest thing to this I've seen is the Gunner Slam Invincibility cheat. What you do is; 1) Slam, this works best if you are juiced or have bacon. 2) Your game immediately becomes frozen. 3) Your Xbox 360 Freezes at the same time you become frozen thus, although you cannot do anything, you sure as heck cannot die!