At a customer setup with lots of concurrent calls
it can be observed that in newRetryTimer there
were lots of tiny alloations which are not
relinquished upon retries, in this codepath
we were only interested in re-using the timer
and use it wisely for each locker.
```
(pprof) top
Showing nodes accounting for 8.68TB, 97.02% of 8.95TB total
Dropped 1198 nodes (cum <= 0.04TB)
Showing top 10 nodes out of 79
flat flat% sum% cum cum%
5.95TB 66.50% 66.50% 5.95TB 66.50% time.NewTimer
1.16TB 13.02% 79.51% 1.16TB 13.02% github.com/ncw/directio.AlignedBlock
0.67TB 7.53% 87.04% 0.70TB 7.78% github.com/minio/minio/cmd.xlObjects.putObject
0.21TB 2.36% 89.40% 0.21TB 2.36% github.com/minio/minio/cmd.(*posix).Walk
0.19TB 2.08% 91.49% 0.27TB 2.99% os.statNolog
0.14TB 1.59% 93.08% 0.14TB 1.60% os.(*File).readdirnames
0.10TB 1.09% 94.17% 0.11TB 1.25% github.com/minio/minio/cmd.readDirN
0.10TB 1.07% 95.23% 0.10TB 1.07% syscall.ByteSliceFromString
0.09TB 1.03% 96.27% 0.09TB 1.03% strings.(*Builder).grow
0.07TB 0.75% 97.02% 0.07TB 0.75% path.(*lazybuf).append
```
Harshavardhana