I would like to know more about the software installed on your BeagleBone.
Please paste the output of these commands:
sudo /opt/scripts/tools/version.sh
cat /boot/uEnv.txt | grep -v ^#
And these command will show the state of pin P8.03:
config-pin -q P8.03
perl /opt/scripts/device/bone/
show-pins.pl |grep P8.03
Thanks,
Drew