I only tell you this from personal experience man. It may not be the problem, but it could be, it was on mine, the wires are somewhat protected inside a webbing so they may not completely rip apart but the chain can wear on the insulation. both the neutral switch and the oil switch complete PATHS TO GROUND to indicate... on my bike, the chain rubbed on the oil switch wire completing that path... without pulling the wires out or causing too much of a problem (other than the oil light coming on) I cut away the webbing, and re insulated the wire. either way, you have to take that cover off to either inspect the wire or replace the switch. since they both complete paths to ground, and are not part of a sensor/relay circuit, the only way this could be happening is if the wire is shorting, or the switch wont open back up.
Inspect your wires and let me know... I have attached a snip of the wiring to show you both sensors complete paths to ground, something your chain could provide.