Created Issue: Editor control not working after deployment [27118]

Hi

I am developing an asp.net 4.0 website with AjaxControlToolkit version 4.1.51116.0.
The Editor control giving the following JS error while rendering for the first time.

Webpage error details

User Agent: Mozilla/4.0 (compatible; MSIE 8.0; Windows NT 5.2; WOW64; Trident/4.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; .NET CLR 3.0.04506.30; .NET CLR 3.0.04506.648; .NET CLR 3.5.21022; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729; .NET4.0C; .NET4.0E)
Timestamp: Fri, 2 Mar 2012 05:00:12 UTC

Message: Access is denied.

Line: 1
Char: 14243
Code: 0
URI: http://localhost/miswebapps/ScriptResource.axd?d=8awPOMibYg7MhCQIa4mPwyQ9wKpIQYZVwZqz6TtJsP4uZywbJG--JJ_B_ZYcp6JQIdnNOI2xuC9E0mgAN9pFawMfY3cDtMfbsholQ8QQZHYS9Hx9pr7g4xzkuk93uGmK5NNv9ucMEDGCeQZc5l6EeA2&t=ffffffffc13acc3f


Message: Access is denied.

Line: 1
Char: 14243
Code: 0
URI: http://localhost/miswebapps/ScriptResource.axd?d=8awPOMibYg7MhCQIa4mPwyQ9wKpIQYZVwZqz6TtJsP4uZywbJG--JJ_B_ZYcp6JQIdnNOI2xuC9E0mgAN9pFawMfY3cDtMfbsholQ8QQZHYS9Hx9pr7g4xzkuk93uGmK5NNv9ucMEDGCeQZc5l6EeA2&t=ffffffffc13acc3f

Will appreciate any early response.

Regards