No it was 4th down and was about to get sacked because the Colts correctly figured that Vince would run and thus stacked the line with 9 guys. Anyway, Vince was about to get hit and tried to lateral it and the guy dropped the lateral. Nothing Vince or the Titans could do. The Colts saw that play from a mile away and reacted accordingly.
There haven't been any updates, but I don't think it's too serious. He walked off under his own power.
One thing that I loved is that of the two #90s, Mario Williams was the better one. (The other being Julius Peppers)