Thank you Chandler, this helps.
It is working now! Additional to what you said, we have to run this below 2 commands again to delete the resources
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I deleted all the CRD of kubevirt io, deleted everything in openshift-cnv namespace. Installed the virtualization operator again to start fresh.
All CRD, hyperconverged, kubevirt resources like CDI, virt handler, everything was installed successfully, and pods are running.
But the virtualization option is not getting visible in the workload. It shows the kubevirt plugin is degraded.
I understand this issue is related to openshift, but just sharing for your reference. PFA.