I am having the same issues with one of my bikes, letting out the clutch and 'clunk'. I took the front sprocket cover off and watched it while I let out the clutch with many variations of adjustment on the chain, and you could see the front sprocket jump or shift (NOT the chain jumping teeth as I initially expected to see). The conclusion with mine is toasted chain and sporcket, too much thrust for the sprocket shim and finally a slightly sloppy output shaft bearing. Needless to say this bike is getting parked in favor of finishing the cafe.
Hope this helps