Nice meter. In the top right hand corner, are you sure it did not show "MV". Your meter auto ranges so when it see's millivolts or volts it will display them.
Also make sure you do not have the meter set to AC amps.
I'm am not saying you don't know your meter. But is very common for this mistake.

Have you clamped the motors leads yet? If there is no current then double check your meter settings one more time. The meter looks pretty new to me. New gloves too. How long you been doing this work?

Have we verified he has a soft start and not a VFD? Some VFD's that must hold the shaft in place will send out just enough current to lock it.