If the whole flange coming our of the transfer box has play/movement then you need to replace the transfer box. Not wise to drive the car until this is sorted - the bearings have failed. Probably 4-5 hours labour, o/s driveshaft has to be removed as well as a few other parts.
If the prop is lose (has up/down or side to side movement) in it's own flange (i.e. shaft moves but flange with bolts on does not) then the propshaft joint has failed - there are two types and fairly cheap.
Both are almost unusual but not unheard of faults.
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2011 XC90 D5 Executive
2003 C70 T5 GT
2012 Ford Ranger XL SC
1977 Triumph Spitfire 1500
1976 Massey Ferguson 135
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